Why Turkish APAs are not taking off
August 10, 2011
Weeks after Turkey agreed its first unilateral advanced pricing agreement (APA) on July 15 and more than three years after taxpayers were eligible to apply for them, interest in APAs remains thin on the ground.
A tax consultant, who wishes to remain anonymous, said clients, mostly foreign companies with Turkish subsidiaries, have been making some enquiries but it has not gone further than that.
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