Since 1991, the Internal Revenue Service has been signing agreements with multinational corporations to stem the tide of unpaid U.S. income taxes. What are these advance pricing agreements called?
A) Advance Pricing Agreements
B) IRS prestart agreements
C) Taxation in the first degree
D) Section orientation

Question

Quizplus · Accepted Answer

The advance pricing agreements mentioned in the question refer to agreements signed between the IRS and multinational corporations to prevent unpaid U.S. income taxes. Therefore, option A - Advance Pricing Agreements is the correct answer. The other options are incorrect and do not accurately describe these agreements.

Since 1991, the Internal Revenue Service Has Been Signing Agreements