Transfer pricing is the most important international tax issue for many internationally active businesses. It refers to the pricing of transactions between related parties and covers goods, services, intangible property and debt.
Onerous new compliance laws are being introduced globally which increases the risk of non-compliance, among which:
- harsh penalties;
- additional tax liabilities;
- reputational damage;
- the potential for misstatement in financial reports.
However, opportunities remain for non-aggressive tax planning.
Huge risks and opportunities make specialist advice in this complex area invaluable. Continuous new rules mean that even businesses with existing transfer pricing strategies and compliance documents are likely to need to revise them.
If you are an Italian branch of a foreign entity or a company part of a multinational group performing transactions with the headquarter or with other group companies, then you will need to consider transfer pricing issues.
RSM Studio Tributario e Societario’s team of tax and economics experts can provide you with the insight you need in defining or reviewing your transfer pricing requirements and to ensure that your business complies with these complex rules, making use of the opportunities that arise.