Advance tax ruling: Difference between revisions
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imported>Doug Williamson (Link with Tax ruling page. Sources: EY Global Tax Alert 30 Jan 2015: http://www.ey.com/Publication/vwLUAssets/Luxembourg_establishes_framework_for_new_tax_ruling_practice/$FILE/2015G_CM5161_Luxembourg%20establishes%20framework%20for%20new%20tax%20rul) |
imported>Doug Williamson (Link with Tax transparency initiative and Base erosion and profit shifting pages.) |
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*[[Transfer pricing]] | *[[Transfer pricing]] | ||
*[[Tax ruling]] | *[[Tax ruling]] | ||
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*[[Base erosion and profit shifting]] | |||
Revision as of 06:45, 2 June 2015
An advance tax ruling is a written confirmation by a tax authority of its interpretation of the tax law applying to a proposed transaction.
In relation to major transactions, the parties may make the obtaining of a favourable advance tax ruling a precondition to completing the transaction.
