Eight Taxpayers Withdrew Pending Advance Pricing Agreements from IRS Program, Latest Statistics Show

U.S. taxpayers withdrew a total of eight cases from the Internal Revenue Service’s Advance Pricing Agreement Program during the quarter ended March 31, according to…

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

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.

IRS Completed 63 Advance Pricing Agreements, Received 127 Requests in 2009

The Internal Revenue Service completed 63 advance pricing agreements and received 127 APA applications during the 2009 calendar year, APA Program…