United States: KPMG analysis of IRS 2022 APA statistics

Effects of disruptions caused by the coronavirus (COVID-19) pandemic

Effects of disruptions caused by the coronavirus (COVID-19) pandemic

The IRS Advance Pricing and Mutual Agreement (APMA) program each spring releases the prior year’s statistics on advance pricing agreements (APAs).

After two years of seeming stability, the most recent release, showing statistics for calendar year 2022 (read TaxNewsFlash), reveals the effects of disruptions caused by the coronavirus (COVID-19) pandemic.

Read a May 2023 report*[PDF 147 KB] prepared KPMG LLP tax professionals that analyzes the IRS 2022 APA statistics and discusses the state of the IRS APMA program.

* This article originally appeared in International Tax Review and is provided with permission.

 

 

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