India: First bilateral APA signed with United States | KPMG | GLOBAL
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India: First bilateral APA signed with United States

India: First bilateral APA signed with United States

Tax officials in India have signed the first bilateral advance pricing agreement (APA) with the United States.


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The bilateral APA that was signed concerns the information technology and information technology-enabled services sector and involves determining a cost-plus markup for transactions of an Indian captive service provider. 

The Central Board of Direct Taxation has indicated that there are many more bilateral APAs with the United States pending, and certain of these bilateral APAs could possibly be concluded in 2018.


Read a January 2018 report [PDF 487 KB] prepared by the KPMG member firm in India 

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