The New APMA Procedures — Cosmetic or Cosmic?

In her article for Bloomberg BNA's Tax Management International Journal, Patricia G. Lewis discusses the IRS's significant proposed revisions to the Revenue Procedures that govern requests for Advance Pricing Agreements and U.S. Competent Authority assistance.  The revisions were driven in part by the 2012 merger of the Advance Pricing Agreement Program and the Competent Authority office but also to improve administrative efficiency and better serve the objectives of both programs.  To view the full article, please click on the link above.