TPDoctor: Advance pricing agreements in India
September 01, 2009
What does the introduction of advance pricing arrangements mean for taxpayers in India?
The Indian government introduced some proactive and well thought-out measures in the recent budget aimed at resolving transfer pricing disputes. These include the introduction of the dispute resolution panel and safe harbour provisions. Taking this forward, the Indian finance minister has proposed the introduction of advance pricing agreements (APAs) in the area of transfer pricing, as part of the new Direct Taxes Code which is to come into effect from April 1 2011, if enacted.
Sorry. You must be a subscriber to view this article. Alternatively, why not take a free trial? To subscribe and access this article immediately simply click here or call +44(0)207 779 8380.