Advance tax ruling: Difference between revisions
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imported>Doug Williamson (Link with Tax transparency initiative and Base erosion and profit shifting pages.) |
imported>Doug Williamson (Add abbreviation 'ATR'. Source: Merlyn International Tax solutions: http://www.merlyn.eu/merlyn.asp?p=35) |
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(ATR). | |||
An advance tax ruling is a written confirmation by a tax authority of its interpretation of the tax law applying to a proposed transaction. | An advance tax ruling is a written confirmation by a tax authority of its interpretation of the tax law applying to a proposed transaction. | ||
Revision as of 06:51, 2 June 2015
(ATR).
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.
