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EY Global Tax Controversy Flash Newsletter (Issue 59) | US IRS implements pre-screening process for taxpayers seeking APAs

|Tax Alerts, Legislation & Policy, Tr ...|United States, Albania, Andorra, Angola, ...
United States, Albania, Andorra, Angola, Argentina, Australia, Austria, Bahamas, Bahrain, Bangladesh, Barbados, Belgium, Bolivia, Botswana, Brazil + 133 more

The United States IRS has introduced rigorous pre-screening into the early stages of the Advance Pricing  Agreement (APA) process. The interim guidance, which is effective immediately, outlines a procedure under which the Advance Pricing Mutual Agreement team, along with other Transfer Pricing Operations personnel, will review a taxpayer’s prefiling memorandum and recommend whether to proceed…

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