On July 21, the Institute filed comments with the Department of Finance Canada regarding Information Circular 94-4R2, International Transfer Pricing: Advance Pricing Arrangements. TEI’s comments included concern about 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 com-ments were prepared under the aegis of its Canadian Income Tax Committee. Read TEI’s comments here.
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