https://www.taxtmi.com/news?id=15967 Advance Pricing Agreements secure pre agreed transfer pricing to promote predictability and reduce litigation. Introduced by the Finance Act 2012, the APA programme encompasses unilateral and bilateral agreements across multiple sectors and transaction types. The regime incorporates rollback provisions-established in the July 2014 Budget and notified in March 2015-that allow taxpayers to obtain pricing certainty for a total of nine years (five prospective APA years plus four prior years by rollback), and about half of submitted applications include a rollback request. en-us Wed, 30 Mar 2016 09:46:19 +0530 Wed, 30 Mar 2016 09:46:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=15967 Advance Pricing Agreements secure pre agreed transfer pricing to promote predictability and reduce litigation. Introduced by the Finance Act 2012, the APA programme encompasses unilateral and bilateral agreements across multiple sectors and transaction types. The regime incorporates rollback provisions-established in the July 2014 Budget and notified in March 2015-that allow taxpayers to obtain pricing certainty for a total of nine years (five prospective APA years plus four prior years by rollback), and about half of submitted applications include a rollback request. News - Wed, 30 Mar 2016 09:46:19 +0530 https://www.taxtmi.com/news?id=15967