Advance Pricing Agreement - new bill
Yesterday, 8 October 2009, the Swedish Government presented a bill regarding Advance Pricing Agreements with the purpose to enhance predictability and avoid international economic double taxation.
The bill states that companies may apply for an Advance Pricing Agreement with the Swedish Tax Agency. Such APAs provide tax payers and tax authorities with the opportunity to agree in advance on the pricing of controlled cross-border transactions.
An APA is an excellent tool to avoid future uncertainty and costly and time consuming tax audits and subsequent litigation relating to intra-group cross-border transactions. In addition, an APA is a welcome alternative for companies desiring security relating to complicated structures and transactions with related parties. Companies can apply for APAs as of 1 January 2010.
On 14 October KPMG will host a seminar in which the bill is presented in more detail. We will highlight the bill's crucial parts and discuss the route from the decision to apply for an APA to the finalized APA during the seminar. Additionally, we will walk you through some pros and cons of having an APA versus other controversy solutions.
Contact:
Karolina Rychtanek, 08-723 94 83
Nils von Koch, 08-723 96 16
[2009-10-09]
© 2011 KPMG International Cooperative ("KPMG International"), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.
© 2011 KPMG AB, a Swedish limited liability company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. All rights reserved.
Legal ::Privacy :: Om cookies
