On 29 January 2016, the Taiwan Ministry of Finance published Guidance on advanced pricing agreement application procedures, which were simplified as part of amendments to Taiwan's transfer pricing assessment rules in March 2015 ({News-2015-04-09/A/2- previous coverage}). --- The National Taxation Bureau of Northern Area, Ministry of Finance (NTBNA, MOF) recently was inquired by a Taiwan subsidiary of a multinational company: How do we apply for an Advance Pricing Agreement (APA) for related parties’ transactions? According to the Bureau’s statement with respect of an amendment to Article 23 of the Regulations Governing Assessment of Profit-Seeking Enterprise Income Tax on Non-Arm's-Length Transfer...