The U.S. IRS has reportedly issued a new schedule that includes increased user fees for unilateral or bilateral advance pricing agreements (APAs). The current fees are included Rev. Proc. 2015-41 on procedures for APAs ({News-2015-08-14/A/2-previous coverage}).
The user fees for APA requests filed after 30 June 2018 will be increased as follows:
- New requests - increased from USD 60,000 to USD 86,750
- Renewal requests - increased from USD 35,000 to USD 48,500
- Eligible small case requests - i…