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On August 12 2015, the Internal Revenue Service (IRS) released two final revenue procedures (Revenue Procedures 2015-40 and 2015-41) setting forth new and updated guidance for taxpayers with respect to the process for requesting and obtaining the assistance of the U.S. Competent Authority for APAs and for double tax and other income tax treaty-related matters.
Joining us for this Webcast will be the IRS Transfer Pricing Operations Director, Dave Varley, and Senior Tax Advisor, John C. Hughes. Our special guests will be speaking with KPMG about key changes in the APA and competent authority processes and what companies need to understand in order to navigate these changes successfully.