Italy - New Rules Provide Incentive for Associated Companies To Prepare Supporting Contemporaneous Documentation
- A. (Andrea) Musselli; A. (Alberto) Musselli
- International Transfer Pricing Journal, 2011 (Volume 18), No 1
- 6 January 2011
A new Decree-Law in Italy provides incentives for taxpayers to prepare supporting contemporaneous documentation of their transfer pricing policies. This incentive consists of protection from related penalties, as well as not being listed among risky taxpayers to be targeted for potentially aggressive tax audits.