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    <title>Central Board of Direct Taxes (CBDT) signs two Indian Advance Pricing Agreements (APAs) in November, 2017</title>
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    <description>Central tax administration entered into bilateral Advance Pricing Agreements covering cross border transactions in the Electronics and Technology sectors, specifying pricing for Distribution, Marketing Support Services and Business Support Services to provide transfer pricing certainty. The APA framework, introduced in 2012 with rollback provisions in 2014, is designed to reduce disputes by fixing pricing methods in advance and to promote a non adversarial, transparent approach to complex transfer pricing issues.</description>
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