Test Ahead for India’s Intercompany Pricing Pacts – Nitin Narang
India is bolstering a tax program designed to reduce costly disputes with multinationals, after it came under criticism for being too burdensome. Advance pricing agreements (APAs) are ahead-of-time agreements between companies and tax authorities on pricing transactions between group entities. India introduced the system in 2012, in a bid to help stave off drawn-out lawsuits. Nitin Narang, Partner- Transfer Pricing shares his views on Test Ahead for India’s Intercompany Pricing Pacts for Bloomberg BNA- US.- Nitin Narang, Partner- Transfer Pricing shares his views on Test Ahead for India’s Intercompany Pricing Pacts for Bloomberg BNA- US.