India inks one more Bilateral APA with UK, in animation & gaming sector

May 26,2017

CBDT signs another Bilateral APA (BAPA) with UK; BAPA signed pertains to animation & gaming sector, accepting TNMM as most appropriate method with very low markup; BAPA signed gives 9 years of tax certainty including rollback period;  Eric Mehta (Partner) from PwC told Taxsutra that “This is the first of its kind Bilateral APA between India and UK"; Kunj Vaidya, PwC National Leader, Transfe...

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