The CRA is reviewing this transfer pricing program to try and speed up the APA process
The CRA is reporting a marked reduction in the number of accepted and completed cases in its Advance Pricing Arrangement (APA) program, according to the CRA's recently released 2019 APA Program Report. Specifically, the CRA accepted seven new APA applications in 2019, and completed 12 cases—a marked decline from 2018, when 32 applications were accepted and 25 cases were completed.
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