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A new survey released yesterday by KPMG International, titled Navigating APAs, shows that respondents
believe the benefits of an APA outweigh the costs.
To explore the current perceptions and experiences with APA programs globally, in-depth interviews
were conducted with tax directors (or their equivalents) from 25 multinational companies
in seven countries. The findings were reviewed and analyzed by a panel of Transfer Pricing
Leaders from KPMG member firms.
According to the survey, with more control over the timing of the APA process compared
to an audit, respondents were better able to manage their workflows and internal resources.
For the complete article, please go to Big4.com