TaxTMI Login
🎉 Festive Offer: Flat 15% off on all plans! →⚡ Don’t Miss Out: Limited-Time Offer →
TaxTMI 
Login
Just a moment...
By creating an account you can:
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All TMI Notes
of of All TMI Notes
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Advance Pricing Agreements Refined: Streamlining International Tax Transactions with Clearer Guidelines and Five-Year Binding Commitments</h1> Concise Legal Summary:The document analyzes Clause 168 of the Income Tax Bill, 2025, which addresses advance pricing agreements (APAs) for international transactions. The clause largely mirrors existing legislation, providing a mechanism for pre-determining arm's length pricing between associated enterprises. Key provisions include establishing a five-year agreement period, binding effect on both taxpayers and tax authorities, and safeguards against fraudulent applications. The provision aims to enhance tax certainty, reduce litigation, and align with international transfer pricing best practices. Minor terminological updates reflect legislative modernization while maintaining the core regulatory framework for cross-border transaction pricing.
TaxTMI 