Italy - Tax Authorities Comment on Possibility to Avoid Penalties by Preparing Appropriate Documentation of Transfer Pricing
- G. Peracin; S. Benettin
- International Transfer Pricing Journal, 2011 (Volume 18), No 2
- 16 February 2011
Italian taxpayers that prepare suitable transfer pricing documentation and provide notice thereof to the tax authorities, may be able to avoid penalties that can be imposed on incorrect tax returns. This article considers recent comments by the tax authorities on this matter.