Part IV. Items of General Interest

Announcement and Report Concerning Advance Pricing Agreements

Announcement 2019–03

This Announcement is issued pursuant to § 521(b) of Pub. L. 106–170, the Ticket to Work and Work Incentives Improvement Act of 1999, which requires the Secretary of the Treasury to report annually to the public concerning advance pricing agreements (APAs) and the Advance Pricing and Mutual Agreement Program (APMA Program), formerly known as the Advance Pricing Agreement Program (APA Program). The first report covered calendar years 1991 through 1999. Subsequent reports covered each calendar year 2000 through 2017 separately. This twentieth report describes the experience, structure, and activities of the APMA Program during calendar year 2018. It does not provide guidance regarding the application of the arm’s length standard.

Part I of this report includes information on the structure, composition, and operation of the APMA Program; Part II presents statistical data; and Part III includes general descriptions of various elements of the APAs executed in 2018, including types of transactions covered, transfer pricing methods used, and completion time.

John C. C. Hughes Director, Advance Pricing and Mutual Agreement Program

Bulletin No. 2019–15 965 April 08, 2019