J
John H. Fisher
IR-2004-83, June 25, 2004
PACIFIC ASSOCIATION OF TAX ADMINISTRATORS ISSUES GUIDANCE ON
THE MUTUAL AGREEMENT PROCEDURE AND BILATERAL ADVANCE PRICING
ARRANGEMENT PROCESSES
WASHINGTON - The Internal Revenue Service announced today
that the Pacific Association of Tax Administrators (PATA)
has finalized internal operational guidance with respect to
mutual agreement procedures (MAP) and bilateral advance
pricing arrangements (BAPA). PATA is an inter-governmental
organization whose members include Australia, Canada, Japan,
and the United States.
The first document is entitled "MAP Operational Guidance for
Member Countries of the Pacific Association of Tax
Administrators." The purpose of this MAP guidance document
is to facilitate and support resolution of MAP cases among
PATA members as well as to ensure consistent and timely
treatment of such cases.
The second document is entitled "BAPA Operational Guidance
for Member Countries of the Pacific Association of Tax
Administrators." The purpose of this BAPA guidance document
is to establish a common approach for treating taxpayers in
a fair and consistent manner when seeking a BAPA, to provide
a working framework that enables the smooth and timely
completion of BAPAs, and to encourage and facilitate the use
of BAPAs among PATA members.
The purpose of releasing these internal working documents is
to increase the level of transparency in the MAP and BAPA
processes within PATA member countries.
The final versions of the PATA guidance documents are
available at IRS.gov.
"Jack" - John H. Fisher - (e-mail address removed)
Philadelphia, Pa - Atlantic City, NJ - West Wildwood, NJ
My Newsgroups & Boards at: http://members.aol.com/TaxService/index.html
Where Ignorance is bliss, 'tis folly to be wise!=
PACIFIC ASSOCIATION OF TAX ADMINISTRATORS ISSUES GUIDANCE ON
THE MUTUAL AGREEMENT PROCEDURE AND BILATERAL ADVANCE PRICING
ARRANGEMENT PROCESSES
WASHINGTON - The Internal Revenue Service announced today
that the Pacific Association of Tax Administrators (PATA)
has finalized internal operational guidance with respect to
mutual agreement procedures (MAP) and bilateral advance
pricing arrangements (BAPA). PATA is an inter-governmental
organization whose members include Australia, Canada, Japan,
and the United States.
The first document is entitled "MAP Operational Guidance for
Member Countries of the Pacific Association of Tax
Administrators." The purpose of this MAP guidance document
is to facilitate and support resolution of MAP cases among
PATA members as well as to ensure consistent and timely
treatment of such cases.
The second document is entitled "BAPA Operational Guidance
for Member Countries of the Pacific Association of Tax
Administrators." The purpose of this BAPA guidance document
is to establish a common approach for treating taxpayers in
a fair and consistent manner when seeking a BAPA, to provide
a working framework that enables the smooth and timely
completion of BAPAs, and to encourage and facilitate the use
of BAPAs among PATA members.
The purpose of releasing these internal working documents is
to increase the level of transparency in the MAP and BAPA
processes within PATA member countries.
The final versions of the PATA guidance documents are
available at IRS.gov.
"Jack" - John H. Fisher - (e-mail address removed)
Philadelphia, Pa - Atlantic City, NJ - West Wildwood, NJ
My Newsgroups & Boards at: http://members.aol.com/TaxService/index.html
Where Ignorance is bliss, 'tis folly to be wise!=