The Croatian Tax Administration has announced the entry into force on 29 April 2017 of new rules on the procedures for entering into advance pricing agreements (APAs) on transfer pricing. Main aspects of the rules include:
- APAs may be concluded as unilateral, bilateral, or multilateral;
- The general APA process includes five main steps:
- The initial application;
- Initial consultation (if application not rejected);
- Formal submission of declaration to conclude the APA;
- Conclusion of the APA;
- Moni…