The CRA accepted and completed more cases in its Advance Pricing Arrangement (APA) program in 2020 compared to the previous year, according to the CRA's newest APA Program Report. The CRA's APA program is intended to assist taxpayers by providing increased certainty on certain transfer pricing issues to prevent future transfer pricing disputes. In its latest report, the CRA says it accepted 19 new APA applicants in 2020 (up from seven in 2019). The CRA also completed 15 cases (up from 12 in 2019).
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