February 25th, 2021 –10.00 am – 13.00 am
Under the patronage of ANDAF Emilia Romagna
On 23th November 2020, the Italian Tax Authorities issued the Provision No. 360494 that has amended the Italian regulations on Transfer Pricing documentation (“Provision”); such new regulations are applicable from fiscal year 2020.
The webinar illustrates the innovations contained in the Provision, as well as addresses and offers solutions to the impacts that the Covid-19 crisis may have on the Transfer Pricing policies of multinational groups.
The Provision introduces many incisive changes in the field of Transfer Pricing Documentation and aligns the Italian regulations on Transfer Pricing Documentation with OECD standards.
In light of the changes introduced by the Provision, it is important that multinational groups interested in benefitting from the penalty protection regime immediately start to organize the relevant information and data necessary to prepare the Transfer Pricing Documentation in accordance with the new standards.
With reference to the fiscal year 2020, multinational groups will also have to assess the possible impacts of the Covid-19 crisis on the group’s TP policies and to properly describe such impacts within the Transfer Pricing Documentation, also taking into account the recent guidance provided by the OECD.
The webinar has a practical and operational approach; the speakers are professionals with a long and consolidated experience in advising on contractual, corporate, tax and customs aspects of international trade.
The speech is in Italian.