Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

APA

Read a random definition: best embodiment

A quick definition of APA:

APA: APA is an abbreviation that can stand for two different things. The first is the Administrative Procedure Act, which is a law that helps regulate how government agencies make and enforce rules. The second is Advance Pricing Agreement, which is a contract between a company and the government that sets the terms for how the company will be taxed on its international transactions.

A more thorough explanation:

Definition: APA is an abbreviation that can stand for two different things:

  1. Administrative Procedure Act: This is a law in the United States that outlines the procedures that federal agencies must follow when making rules and regulations. It helps ensure that the government is transparent and accountable to the public.
  2. Advance Pricing Agreement: This is an agreement between a taxpayer and a tax authority (such as the IRS) that establishes the pricing method for transactions between related parties. It helps prevent disputes over transfer pricing.

Examples:

  • Example 1: The EPA must follow the procedures outlined in the APA when creating new regulations to protect the environment.
  • Example 2: A multinational corporation may seek an APA with the IRS to establish the pricing method for transactions between its subsidiaries in different countries.

The examples illustrate how APA can refer to two different things: a law that governs how federal agencies make rules and regulations, and an agreement between a taxpayer and a tax authority that establishes transfer pricing methods. These examples also show how APA is used in different contexts, such as environmental protection and international taxation.

AOUSC | a pais

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
LSD+ is ad-free, with DMs, discounts, case briefs & more.