A webinar on Transfer Pricing as a tool to manage the tax risk and preserve the enterprise value
Thursday, June 22nd, 2023 – 11.00 am – 12.30 on Zoom our experts Tommaso Fonti, LL.M. and Denis Amici together with Dr. Paola D’Angelo and Dr. Pietro Bracco, Ph.D. of ANDAF will hold a webinar entitled: «TRANSFER PRICING DOCUMENTATION: an opportunity to manage the tax risk and preserve the enteprise value», organized by Bacciardi Partners in collaboration with ANDAF Marche-Abruzzo-Molise and ANDAF Technical Tax Committee.
Transfer pricing is a discipline aimed at ensuring that prices applied by multinational enterprises to their intra-group transactions are determined, for tax purposes, at arm’s length, and, consequently, that appropriate shares of taxable profits are correctly allocated between the different countries where the multinational enterprise group operates.
According to Italian tax laws, Italian taxpayers can adopt the so-called Transfer Pricing Documentation, namely a set of documents aimed at demonstrating vis-à-vis Italian tax authorities that prices applied to intra-group transactions comply with the OECD arm’s length principle.
The advantages of adopting an appropriate intra-group transfer pricing policy, as supported by a solid Transfer Pricing Documentation, are mainly the following:
- to avoid transfer pricing adjustments by Italian tax authorities on costs incurred and/or revenues earned by the Italian resident company;
- to manage and reduce the tax risk associated with intra-group transactions, so as to ensure that the Italian company (parent company or subsidiary) preserves its corporate value, also in view of a possible future sale of its business to potential investors.
The speech (in Italian) will have a practical approach. The speakers will provide operational advice on how to properly set an appropriate Transfer Pricing Policy and to draft the Transfer Pricing Documentation and the necessary intra-group contracts.
The speakers are professionals having a longstanding and proven experience in international trade law, with particular reference to the fields of contract law, corporate law and international taxation. During the webinar, participants will also hear case studies from CFOs of leading companies in their field.
The speech will be in Italian.