Advance tax ruling: Difference between revisions
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imported>Doug Williamson (Create the page. Sources: European Parliament news: http://www.europarl.europa.eu/news/en/news-room/content/20150529STO61068/html/Taxing-vocabulary-a-glossary-of-the-terms-used-by-the-tax-rulings-committee; Financial Dictionary, the Free Dictionary:) |
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) |
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== See also == | == See also == | ||
*[[Transfer pricing]] | *[[Transfer pricing]] | ||
*[[Tax ruling]] | |||
Revision as of 06:39, 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.
