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US IRS's advance pricing and mutual agreement program director discusses taxpayers' treatment of COVID-related costs

|Tax Alerts, National/Federal Taxation, T ...|United States
United States

The United States (US) Internal Revenue Service’s (IRS) program to resolve transfer pricing disputes (Advance Pricing and Mutual Agreement Program (APMA)) is seeing "questionable treatment of COVID-related costs," according to an article in Tax Notes Today.1

APMA director John Hughes said 5 March 2021, at the Federal Bar Association conference, that the APMA is seeing the following COVID-related is…

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