China's State Administration of Taxation (SAT) and the United States Internal Revenue Service announced the completion of an advance pricing agreement (APA) involving Wal-Mart Stores Inc. on 22 December 2006. The APA was signed by the Commissioner of the SAT when he visited the United States in the second week of January 2007.
Wal-Mart had applied to the SAT in June 2006 for the bilateral APA, and the SAT conducted two rounds of negotiations with the U…