Advance tax ruling

From ACT Wiki
Revision as of 06:37, 2 June 2015 by 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:)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigationJump to search

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.


See also

Retrieved from ‘https://wiki.treasurers.org/w/index.php?title=Advance_tax_ruling&oldid=1759’