Monday, 5 September 2016

Ireland introduces bilateral APA program

The Irish Revenue on June 23 published bilateral advance pricing agreement guidelines relating to the operation of Ireland’s APA program, which is effective for applications received on or after July 1, 2016. The guidance outlines the framework of the APA program, as well as the requirements to apply for an APA, and the roles and responsibilities of taxpayers and Irish Revenue.
The bilateral APA program was launched in response to action 14 of the OECD’s base erosion and profit shifting (BEPS) project, “Making Dispute Resolution Mechanisms More Effective.”

Source & more info: Deloitte