US IRS interim guidance on review and acceptance of Advance Pricing Agreement submissions fundamentally changes early stages of the process
|Tax Alerts, Information Reporting, Legis ...|United States
The interim guidance, which is effective immediately, is intended to allow the US Internal Revenue Service (IRS) to determine a taxpayer's suitability for an Advance Pricing Agreement (APA), or, alternatively, another dispute resolution process.
While stating thatthe guidance is not meant to decrease the number of APA requests accepted, the IRS also says that it will consider whether a taxpayer will be most successful in the APA program or an alternative workstream (e.g., International Complianc…
We use cookies to provide you with the best possible experience. By using Orbitax's services, you agree that we may store cookies on your device. Cookie Policy.
EY
