The main area of application is transfer pricing, in particular advance pricing agreements.

Tax Authorities with Provision no. 360494 of 23 November 2020 introduced substantial changes to the rules related to transfer pricing documentation that allows the non-application of penalties...

Companies and permanent establishments belonging to foreign multinational groups resident in Italy, must provide quantitative data and other information necessary for parent companies to complete the Country-by-Country Report.

Cash pooling arrangements are widely used by multinational groups to improve liquidity and financial efficiency through centralised treasury management.

Cross-border fund investments often require the Manager to carry out managerial activities in the jurisdiction where the target company is located. In such cases, there is a risk...

The expression "transfer pricing" refers to an operation aimed at transferring income to another country (usually a low tax country), through the application, in infragroup transfers, of lower fees than those applied in transfers between independent companies.

Con l'espressione transfer pricing si individua il fenomeno delle transazioni commerciali intercompany con cui si descrive una particolare procedura di determinazione dei prezzi delle transazioni commerciali (beni e/o servizi) tra società (imprese) facenti capo ad uno stesso gruppo che permette il trasferimento di materia (reddito) imponibile verso paesi con fiscalità attenuata.

Recent guidance for tax inspectors in Italy shows greater focus on cross-border transactions.