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U.S. Advance Pricing Agreements Completed in 2009 Drop to 63; Longer Times for Bilaterals, Report Shows

March 31, 2010 in Daily Tax Report · Leave a Comment 

The Internal Revenue Service’s 11th annual statutory report on advance pricing agreements, released March 29 in Announcement 2010-21, showed fewer APAs completed in 2009 than in 2008 and also showed the APA Program is taking longer to complete cases, particularly bilateral agreements.

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