Tax planning and tax certainty is an important business consideration for tax heads. Multinational enterprises (MNEs) around the world are keen to mitigate tax risk for uninterrupted focus on business. Advance Pricing agreements (APA) and Mutual Agreement Procedures (MAPs) are useful internationally practiced mechanisms to prevent and resolve transfer pricing and international tax disputes. While APA can be adopted to set the transfer price of intra-group transactions in advance to avoid any future controversy, MAPs can be adopted for post facto dispute resolution on matters concerning double taxation. Both the mechanisms are novel means of resolving tax disputes through negotiations at various levels, as opposed to adversarial and long-drawn conventional means of litigation. USISPF, along with our knowledge partner Deloitte India, is conducting an interactive session to discuss the recent trends in APA and MAP in India and the US. The session will provide insights on the evolution of APA and MAP program, its progress to date and way forward, both in India and the US. To join these consultations please write to @Shweta Kathuria
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