Law Administration Practice Statement PS LA 2015/4 Advance Pricing Arrangements provides detailed guidance on advance pricing arrangements. It also contains a diagrammatic overview of the process for entering into an APA.
PS LA 2015/4 draws upon lessons from the successful implementation of the early engagement approaches used for the processing of private ruling applications.
It reflects a:
- principle-based approach
- streamlined process and practices to improve timelines
- reduction in red tape.
If you wish to enter into an APA, familiarise yourself with PS LA 2015/4.