<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Central Board of Direct Taxes (CBDT) signs seven Unilateral Advance Pricing Agreements (APAs)</title>
    <link>https://www.taxtmi.com/news?id=16371</link>
    <description>Seven Advance Pricing Agreements, largely unilateral and some with Rollback provisions, were concluded under the APA Scheme (introduced 2012; rollback rules 2014) to pre determine transfer pricing methods and prices for specified international transactions. The agreements cover sectors including banking, IT and automotives and transaction types such as software development, ITeS (BPO), engineering design and administrative and business support services. The CBDT reports a cumulative total of 77 APAs (74 unilateral, 3 bilateral) and continued uptake of the mechanism to support a non adversarial tax regime.</description>
    <language>en-us</language>
    <pubDate>Mon, 18 Jul 2016 17:26:21 +0530</pubDate>
    <lastBuildDate>Mon, 18 Jul 2016 17:26:21 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=435322" rel="self" type="application/rss+xml"/>
    <item>
      <title>Central Board of Direct Taxes (CBDT) signs seven Unilateral Advance Pricing Agreements (APAs)</title>
      <link>https://www.taxtmi.com/news?id=16371</link>
      <description>Seven Advance Pricing Agreements, largely unilateral and some with Rollback provisions, were concluded under the APA Scheme (introduced 2012; rollback rules 2014) to pre determine transfer pricing methods and prices for specified international transactions. The agreements cover sectors including banking, IT and automotives and transaction types such as software development, ITeS (BPO), engineering design and administrative and business support services. The CBDT reports a cumulative total of 77 APAs (74 unilateral, 3 bilateral) and continued uptake of the mechanism to support a non adversarial tax regime.</description>
      <category>News</category>
      <law>-</law>
      <pubDate>Mon, 18 Jul 2016 17:26:21 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/news?id=16371</guid>
    </item>
  </channel>
</rss>