Signing of Advance Pricing Agreements (APAs) signals major push towards tax certainty; 22 APAs already concluded in the current fiscal while 30 to 40 APAs expected to be finalized before the end of the fiscal; the new momentum will go a long way in avoiding disputes https://www.taxtmi.com/news?id=15318 The Central Board of Direct Taxes has expanded use of Advance Pricing Agreements (APAs) to provide transfer pricing certainty, recently executing eleven APAs across multiple sectors; seven include rollback provisions and four are five year future agreements. Rollback APAs may cover up to nine years in total. Since the APA programme's 2012 statutory introduction, the CBDT has concluded thirty one APAs (predominantly unilateral with one bilateral), and current momentum in APA finalizations is expected to reduce disputes and enhance investor certainty. en-us Fri, 11 Dec 2015 18:20:04 +0530 Fri, 11 Dec 2015 18:20:00 +0530 TaxTMI RSS Generator Signing of Advance Pricing Agreements (APAs) signals major push towards tax certainty; 22 APAs already concluded in the current fiscal while 30 to 40 APAs expected to be finalized before the end of the fiscal; the new momentum will go a long way in avoiding disputes https://www.taxtmi.com/news?id=15318 The Central Board of Direct Taxes has expanded use of Advance Pricing Agreements (APAs) to provide transfer pricing certainty, recently executing eleven APAs across multiple sectors; seven include rollback provisions and four are five year future agreements. Rollback APAs may cover up to nine years in total. Since the APA programme's 2012 statutory introduction, the CBDT has concluded thirty one APAs (predominantly unilateral with one bilateral), and current momentum in APA finalizations is expected to reduce disputes and enhance investor certainty. News - Fri, 11 Dec 2015 18:20:04 +0530 https://www.taxtmi.com/news?id=15318