Details

  • Service: Tax, Global Transfer Pricing Services, Global Compliance Management Services
  • Type: Regulatory update
  • Date: 2/2/2012

Hong Kong - APA program to be launched in April 2012 

February 2:   The Hong Kong Inland Revenue Department announced that an advance pricing arrangement (APA) program will be launched in April 2012.

According to a January 2012 announcement by the Inland Revenue, the APA program initially will be limited to bilateral APAs.


The APA program guidelines will be contained in a new Departmental Interpretation and Practice Note (DIPN); a draft has been issued for consultation.


To read a February 2012 report about the APA program, prepared by the KPMG member firm in Hong Kong: Hong Kong to introduce advance pricing arrangement program




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