https://www.taxtmi.com/news?id=14827 The CBDT has executed Advance Pricing Agreements (APAs) to fix transfer pricing methods and enhance tax certainty, including unilateral APAs and the first unilateral APA with a rollback provision that extends the period of certainty. Unilateral APAs involve the Indian taxpayer and the CBDT alone, while bilateral APAs involve tax authorities of both countries and may be negotiated under Mutual Agreement Procedure frameworks. A recent MAP Framework Agreement with the United States is intended to resolve past transfer pricing disputes and pave the way for bilateral APAs, and similar MAP negotiations with other jurisdictions are advancing to reduce disputes and stabilize cross border taxation arrangements. en-us Thu, 06 Aug 2015 14:06:19 +0530 Thu, 06 Aug 2015 14:06:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=14827 The CBDT has executed Advance Pricing Agreements (APAs) to fix transfer pricing methods and enhance tax certainty, including unilateral APAs and the first unilateral APA with a rollback provision that extends the period of certainty. Unilateral APAs involve the Indian taxpayer and the CBDT alone, while bilateral APAs involve tax authorities of both countries and may be negotiated under Mutual Agreement Procedure frameworks. A recent MAP Framework Agreement with the United States is intended to resolve past transfer pricing disputes and pave the way for bilateral APAs, and similar MAP negotiations with other jurisdictions are advancing to reduce disputes and stabilize cross border taxation arrangements. News - Thu, 06 Aug 2015 14:06:19 +0530 https://www.taxtmi.com/news?id=14827