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1.6:30P. M.20170808 Agenda Miscount Advisory CommissionDocuments: 8 8 17 MAC Agenda.pdf 20170808 Staff Report Butts Tobacco, Inc Documents: Greenland Butts Tobacco CP MCA CDB.department of Planning
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MCAC stands for Multi-Country Advance Pricing Agreement and Coordination. It is an agreement between two or more countries about how they will apply transfer pricing.
Companies engaged in cross-border transactions with related parties and seeking certainty in their transfer pricing arrangements are required to file MCAC.
To fill out MCAC, companies need to provide detailed information about the related parties involved in the transaction, the nature of the transaction, the transfer pricing method used, and any other relevant details.
The purpose of MCAC is to reduce disputes and double taxation related to transfer pricing by providing certainty and agreement on how transfer pricing will be applied across multiple countries.
The information reported on MCAC includes details about the related parties involved, the nature of the transactions, the transfer pricing method used, and any adjustments made to ensure arm's length pricing.
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