Advance Pricing Agreements and their possible application in Armenia

Abstract

This research is aimed to discuss the issue of absence of provisions on Advance Pricing Agreement in the Tax Code, indicating some possible complications and positive developments in the relationships between taxpayers and tax authorities that can be associated with the introduction of APAs. To achieve this objective, the research will attempt to conduct a cross-country analysis of law and practice in the area in countries, such as UK, Malaysia, Poland, Hungary, having incorporated provisions on Advance Pricing Agreements in their domestic legislations.