Advance Pricing Agreements

Contents

1. Glossary

2. Introduction

1. 2.1. Overview

2. 2.2. Purpose of the guide

3. 2.3. Who should read the guide?

4. 2.4. How to use the guide

5. 2.5. Legislative references

6. 2.6. Status of the guide

3. Introduction to APA programme

1. 3.1. Overview of APAs

2. 3.2. Types of APAs

3. 3.3. Scope of an APA

4. 3.4. Eligibility for an APA

5. 3.5. Materiality threshold to apply for an APA

6. 3.6. Filing a pre-filing consultation and APA application

7. 3.7. Critical assumptions underlying an APA

8. 3.8. Period of an APA

9. 3.9. APA fees

10. 3.10. Timeline of an APA application

11. 3.11. Stages of an APA

4. APA procedures

1. 4.1. Stage 1 – Pre-filing consultation

   1. 4.1.1. Review of the APA pre-filing consultation request

   2. 4.1.2. Pre-filing meeting

   3. 4.1.3. Rejection of request

2. 4.2. Stage 2 – Filing of an APA application

   1. 4.2.1. Submission of an APA application

   2. 4.2.2. Review of application

   3. 4.2.3. Rejection of application

3. 4.3. Stage 3 – Evaluation and negotiation

   1. 4.3.1. Evaluation and analysis

   2. 4.3.2. Negotiation process

4. 4.4. Stage 4 – Concluding an APA and implementation

   1. 4.4.1. Final version of an APA

   2. 4.4.2. Withdrawal of APA application

   3. 4.4.3. Legal effect

   4. 4.4.4. Indicative UAPA timeline

5. APA monitoring and review

1. 5.1. Filing of an APA Annual Declaration

2. 5.2. Review of APA Annual Declaration

3. 5.3. Findings from the review of the APA Annual Declarations

4. 5.4. Revision or cancellation of an APA

5. 5.5. Revocation or cancellation of an APA

6. 5.6. Renewal of an APA

6. Appendices

1. Appendix 1: List of potential critical assumptions

2. Appendix 2: APA pre-filing Form

3. Appendix 3: APA Application Form

4. Appendix 4: APA Annual Declaration Form

7. Updates and Amendments