The application process for an APA typically involves several stages:
Pre-filing Consultation: An initial meeting with the tax authority to discuss the potential APA. Formal Application: Submission of a detailed application that includes information about the taxpayer's business, pricing methodologies, and financial data. Review and Negotiation: The tax authority reviews the application and negotiates the terms of the APA. Agreement: Once both parties agree, the APA is formalized and signed.