The Internal Revenue Service’s Advance Pricing and Mutual Agreement (APMA) Program handles APAs and MAP cases in the United States. This article summarizes recent developments at APMA, including: (1) developments related to the current economic environment, including handling of pending and current APAs and the allowance of electronic filing of APA applications; (2) the recently released 2019 APA statistics; and (3) PwC’s interview with Mr. John Hughes, Director of APMA, from early February, while he was in Tokyo for APMA meetings with Japan’s National Tax Administration (NTA), focusing on US-Japan APA and MAP relations.
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