Revisions to Canadian APA Program - TEI Comments

On July 21, 2023, the Institute filed comments with Canadian Department of Finance regarding Information Circular 94-4R2 "International Transfer Pricing: Advance Pricing Arrangements." TEI's comments included concern with the undue compliance burden the Circular proposes to impose on taxpayers, its unreasonable filing deadlines, and the additional requirements for renewing an advanced pricing agreement. TEI's comments were prepared under the aegis of its Canadian Income Tax Committee. Benjamin R. Shreck, TEI Tax Counsel, coordinated the preparation of the Institute's comments.

Read the comments here.