Canada Revenue Agency issues its 2014 annual report on the Advance Pricing Arrangement program

Tax Insights ()
The Canada Revenue Agency (CRA) recently released its annual report on Canada’s Advance Pricing Arrangement (APA) program covering the fiscal period ended March 31, 2014. The APA program is a proactive service offered by the CRA to assist taxpayers in resolving transfer pricing disputes that may arise in future tax years. In particular, the objective of the program is to provide increased certainty with respect to future transfer pricing issues.