Elizabeth Stevens Comments on U.S. & India APAs

The U.S. made progress toward reducing its inventory of advance pricing agreements with India during recent meetings in Delhi, and a future meeting is planned for October, an Internal Revenue Service official said Friday.

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"Can you move from spending a full day at each taxpayer's site to doing large numbers of cases, given the current case load?" asked Elizabeth Stevens of Caplin & Drysdale.

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Excerpt taken from the article “US-India April Meeting On APAs Bore Fruit, IRS Officials Say” by Molly Moses for Law360 Tax Authority.