The UAE Federal Tax Authority (FTA) has published a new Corporate Tax Guide on Advance Pricing Agreements - CTGAPA1. The guide is aimed at providing guidance on procedural aspects of an Advance Pricing Agreement (APA) and covers:

• Overview of the APA program;
• APA procedures; and
• APA monitoring and review.

Key points include:

• Initially, only unilateral APA applications will be accepted, wi…