Advance Pricing Agreements

The Advance Pricing Agreement application, which is one of the new institutions introduced with the Corporate Tax Law No. 5520, is an alternative solution for taxpayers who do not want to face a possible tax dispute regarding transfer pricing.

According to the Transfer Pricing Communiqué, Advance Pricing Agreements come into effect from the date of signing. In addition, the process of evaluating the agreement application takes at least 1 to 2 years, depending on whether the agreement is unilateral or bilateral/multilateral and the nature of the related transaction. Considering all these factors, it is important to make a good preparation before applying for an agreement, to use time effectively and to create a correct strategy.

In this context, the PKF Istanbul Transfer Pricing Team will assist you in the successful and efficient conclusion of the application process, with the knowledge and experience gained from the consultancy services it has previously provided regarding the said agreements.