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US IRS issues annual APA report for 2022 showing significant increase in number of APAs filed

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United States

Executive summary

The IRS Advance Pricing and Mutual Agreement (APMA) Program issued the 24th annual Advance Pricing Agreement (APA) report (the Report) on March 29, 2023, in Announcement 2023-10. The Report discusses APMA, including its activities and structure for calendar year 2022, and gives useful insights into the operation of the APA Program.

The number of APA filings increased significantly …

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