Today the IRS released Revenue Procedure 2015-40, which provides guidance on the process for requesting and obtaining assistance under U.S. tax treaties from the U.S. Competent Authority, acting through the Advance Pricing and Mutual Agreement Program and the Treaty Assistance and Interpretation Team of the Deputy Commissioner (International) Large Business and International Division of the IRS.

Additionally, the IRS released Revenue Procedure 2015-41, which provides guidance on the process for requesting and obtaining an Advance Pricing Agreement (APA).