Advance Transfer Pricing Agreements

United Kingdom

The latest issue of CMS Tax Connect looks at the availability of advance pricing agreements (APAs) in a range of countries covered by the CMS Alliance.

An APA allows a group to confirm with the tax authority that the prices used for intra-group transactions comply with the arm’s length principle and, to the extent that the taxpayer complies with the terms of the APA, the tax authority cannot reassess the prices used for the intra-group transactions covered by the APA.

Download a copy of the CMS Tax Connect.