Webinar: Advance Pricing Agreement with the Practical Experience of both Local and Foreign Principals

Series: Enhancing Tax Transparency and International Tax Cooperation of ADB Developing Member Countries

Webinar: Advance Pricing Agreement with the Practical Experience of both Local and Foreign Principals

10 March 2025

Sri Lanka

On 10 March, ADB joined the World Bank, Swedish Tax Agency, and local Chartered Accounting firms in an online seminar on Advance Pricing Agreements (APA), organized by the International Chamber of Commerce Sri Lanka. The event focused on best practices, process steps, and challenges in APA implementation, aiming to support the Sri Lanka Inland Revenue Department (IRD) in its new APA program.

With Sri Lanka’s APA guide issued on 6 January 2025, the country is advancing international tax integrity standards to enhance transparency, combat tax evasion, and strengthen domestic resource mobilization. The ADB’s involvement underscores its commitment to improving tax compliance frameworks and fostering a cooperative approach to transfer pricing risks. Through RETA 10525 and the Asia Pacific Tax Hub, ADB supports its DMCs in adopting and implementing international tax measures. If your DMC is interested in tax integrity support, contact taxreta@adb.org.

Program and Learning Materials:

currently not available.

Disclaimer

The views expressed on this website are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area.