TaxTMI 
TaxTMI 
India Signs First Bilateral Advance Pricing Agreement (APA) With A Japanese Company; APA Period is Five Years;
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....ndia Signs First Bilateral Advance Pricing Agreement (APA) With A Japanese Company; APA Period is Five Years; <br>News and Press Release<br>Dated:- 20-12-2014<br><BR>APA Scheme Introduced to Bring Abo....
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....ut Certainty and Uniformity in Transfer Pricing Matters of Multi-National Companies and Reducing Litigation Central Board of Direct Taxes (CBDT) signed here today a bilateral Advance Pricing Agreemen....
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....t (APA) with a Japanese Company. This is India's first bilateral APA. The APA is for a period of five years. The APA has been finalized in a period of about one and a half years, which is shorter than....
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.... time normally taken in finalizing APAs internationally. The APA scheme has been introduced to bring about certainty and uniformity in transfer pricing matters of multi-national companies and reducin....
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....g litigation. APAs will improve investment climate in the country. In the context of growing economic ties between Japan and India, especially after the Prime Minister Shri Narendra Modi's visit to Ja....
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....pan, this APA is expected to generate positive sentiments among Japanese investors in India.<BR> News - Press release - PIB....