Georgia to Implement MAP and APA Practice with Assistance from Italy

The Italian Revenue Agency (IRA) has announced the signing on 6 June 2019 of a Memorandum of Understanding (MoU) with Georgia for the launch of a technical assistance program for the implementation of Mutual Agreement Procedures (MAP) and Advance Pricing Agreements (APA) in Georgia. This includes assistance from the IRA in the development of a legislative framework, guidelines, and best practices, as well as processes and any other appropriate tools to implement a MAP and APA practice in Geo…