U.S IRS Issues Statement on Reorganization of the Advance Pricing and Mutual Agreement Program

The U.S. IRS has issued a statement on the reorganization of the Advance Pricing and Mutual Agreement program in order to improve internal processes, resolve disputes and increase taxpayer service.

---

Statement

IRS officials have announced a reorganization of the Advance Pricing and Mutual Agreement program (APMA), which handles taxpayer requests for and advance pricing agreements (APAs) and assistance with transfer pricing and related disputes under mutual agreement procedures (MAP). Th…