Elizabeth Stevens Talks to Bloomberg Law on MAP

An international framework for handling disputes between tax authorities is bringing more countries to the table, an IRS official said.

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The U.S. averages 24 months to resolve a dispute through MAP, which could lead to a substantial backlog of cases, speakers said. “It’s staggering that even at 24 months for resolution you’d have accumulation of cases to the end of time,” said Elizabeth Stevens, an associate at Caplin & Drysdale.

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Excerpt taken from the article “Tax Dispute Program Increasing Exchanges With Treaty Partners” by Siri Bulusu for Bloomberg Law.