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US IRS 2022–2023 Priority Guidance Plan includes transfer pricing projects similar to last year

14 November 2022

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Tax Alerts, National/Federal Taxation, T...

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United States

The United States (US) Internal Revenue Service (IRS) and Treasury continue to develop guidance on certain transfer pricing provisions.Taxpayers should follow these developments when evaluating advanced pricing agreements and other transfer pricing issues.In its 2022–2023 Priority Guidance Plan, the IRS and Treasury listed the projects to which the IRS and Treasury will allocate resources for plan year 1 July 2022, through 30 June 2023. This year's plan includes transfer pricing-related projects similar to those listed in the 2021-2022 guidance plan (see EY Global Tax Alert, US IRS and Treasury release 2021-2022 Priority Guidance Plan with new transfer pricing projects, dated...