Information For...

For you and your family
Standard mileage and other information

Forms and Instructions

Individual Tax Return
Instructions for Form 1040
Request for Taxpayer Identification Number (TIN) and Certification
Request for Transcript of Tax Return


Employee's Withholding Allowance Certificate
Employer's Quarterly Federal Tax Return
Employers engaged in a trade or business who pay compensation
Installment Agreement Request

Popular For Tax Pros

Amend/Fix Return
Apply for Power of Attorney
Apply for an ITIN
Rules Governing Practice before IRS

Pacific Association of Tax Administrators Finalizes Transfer Pricing Documentation

Notice: Historical Content

This is an archival or historical document and may not reflect current law, policies or procedures.

Note: this content has been edited from the original version to remove links or other information no longer available. The material was accurate at the time it was issued.


IR-2003-32, March 12, 2003

WASHINGTON — The Internal Revenue Service announced today that the Pacific Association of Tax Administrators (PATA) has finalized a Transfer Pricing Documentation Package.

PATA is an inter-governmental tax organization whose members include Australia, Canada, Japan, and the United States.

PATA members have agreed on principles under which taxpayers can prepare one set of documentation that will meet the transfer pricing documentation provisions of each PATA member country. This eliminates the need to prepare separate documentation for each country.

The PATA Documentation Package is intended to reduce taxpayer burden and provide certainty that a penalty will not be imposed. Use of this PATA Documentation Package is completely voluntary and, if the principles are satisfied, will protect the taxpayer from transfer pricing documentation penalties that might otherwise apply in each of the four jurisdictions.

Before finalizing this multilateral approach to transfer pricing documentation, PATA members received many comments on the proposed package. PATA members considered the comments received and edited the package to reflect comments, where feasible, and to provide clarification, where required.


Subscribe to IRS Newswire