{"id":17987,"date":"2022-06-13T19:14:37","date_gmt":"2022-06-13T17:14:37","guid":{"rendered":"https:\/\/dev.andersen.dotandmedia.com\/?p=17987"},"modified":"2022-06-14T10:47:55","modified_gmt":"2022-06-14T08:47:55","slug":"operational-instructions-on-transfer-pricing","status":"publish","type":"post","link":"https:\/\/dev.andersen.dotandmedia.com\/en\/operational-instructions-on-transfer-pricing\/","title":{"rendered":"Operational instructions on transfer pricing"},"content":{"rendered":"

Through Circular 16\/E dated May 24th (henceforth “Circular”), the Italian Revenue Agency provided further operational instructions on Transfer Pricing.<\/p>\n

The content of the Circular rests on the centrality of the concept of “comparable transaction,” returning to the correct notion of the arm’s length interval and recalling what was clarified by the Decree of the Ministry of Economy and Finance of May 14th, 2018.<\/p>\n

In addition, the Circular focuses in particular on three main aspects related to Transfer Pricing analyses:<\/p>\n

    \n
  1. lack of comparability in the analyses;<\/li>\n
  2. compliance of arm’s length values;<\/li>\n
  3. loss-making transactions.<\/li>\n<\/ol>\n

    The attached document analyzes the main changes introduced.<\/p>\n

     <\/p>\n

    Andreea Hamza<\/p>\n","protected":false},"excerpt":{"rendered":"

    Through Circular 16\/E dated May 24th (henceforth “Circular”), the Italian Revenue Agency provided further operational instructions on Transfer Pricing. The content of the Circular rests on the centrality of the concept of “comparable transaction,” returning to the correct notion of the arm’s length interval and recalling what was clarified by the Decree of the Ministry […]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[50],"tags":[],"class_list":["post-17987","post","type-post","status-publish","format-standard","hentry","category-insights"],"acf":[],"yoast_head":"\nOperational instructions on transfer pricing - Andersen Italy<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dev.andersen.dotandmedia.com\/en\/operational-instructions-on-transfer-pricing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Operational instructions on transfer pricing - Andersen Italy\" \/>\n<meta property=\"og:description\" content=\"Through Circular 16\/E dated May 24th (henceforth “Circular”), the Italian Revenue Agency provided further operational instructions on Transfer Pricing. The content of the Circular rests on the centrality of the concept of “comparable transaction,” returning to the correct notion of the arm’s length interval and recalling what was clarified by the Decree of the Ministry […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dev.andersen.dotandmedia.com\/en\/operational-instructions-on-transfer-pricing\/\" \/>\n<meta property=\"og:site_name\" content=\"Andersen Italy\" \/>\n<meta property=\"article:published_time\" content=\"2022-06-13T17:14:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-06-14T08:47:55+00:00\" \/>\n<meta name=\"author\" content=\"Martina Borlandelli\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Martina Borlandelli\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/operational-instructions-on-transfer-pricing\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/operational-instructions-on-transfer-pricing\\\/\"},\"author\":{\"name\":\"Martina Borlandelli\",\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/#\\\/schema\\\/person\\\/0e98d3abdeabd753286b0c55fe64c038\"},\"headline\":\"Operational instructions on transfer pricing\",\"datePublished\":\"2022-06-13T17:14:37+00:00\",\"dateModified\":\"2022-06-14T08:47:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/operational-instructions-on-transfer-pricing\\\/\"},\"wordCount\":109,\"articleSection\":[\"Insights\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/operational-instructions-on-transfer-pricing\\\/\",\"url\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/operational-instructions-on-transfer-pricing\\\/\",\"name\":\"Operational instructions on transfer pricing - Andersen Italy\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/#website\"},\"datePublished\":\"2022-06-13T17:14:37+00:00\",\"dateModified\":\"2022-06-14T08:47:55+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/#\\\/schema\\\/person\\\/0e98d3abdeabd753286b0c55fe64c038\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/operational-instructions-on-transfer-pricing\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/operational-instructions-on-transfer-pricing\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/operational-instructions-on-transfer-pricing\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Operational instructions on transfer pricing\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/\",\"name\":\"Andersen Italy\",\"description\":\"Andersen Italy\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/#\\\/schema\\\/person\\\/0e98d3abdeabd753286b0c55fe64c038\",\"name\":\"Martina Borlandelli\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/0783d811575988d527fecd6067485f3b6e5b50463d90b635c7fcc87393c399d1?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/0783d811575988d527fecd6067485f3b6e5b50463d90b635c7fcc87393c399d1?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/0783d811575988d527fecd6067485f3b6e5b50463d90b635c7fcc87393c399d1?s=96&d=mm&r=g\",\"caption\":\"Martina Borlandelli\"},\"url\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/author\\\/martina-borlandelli\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Operational instructions on transfer pricing - Andersen Italy","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/dev.andersen.dotandmedia.com\/en\/operational-instructions-on-transfer-pricing\/","og_locale":"en_US","og_type":"article","og_title":"Operational instructions on transfer pricing - Andersen Italy","og_description":"Through Circular 16\/E dated May 24th (henceforth “Circular”), the Italian Revenue Agency provided further operational instructions on Transfer Pricing. The content of the Circular rests on the centrality of the concept of “comparable transaction,” returning to the correct notion of the arm’s length interval and recalling what was clarified by the Decree of the Ministry […]","og_url":"https:\/\/dev.andersen.dotandmedia.com\/en\/operational-instructions-on-transfer-pricing\/","og_site_name":"Andersen Italy","article_published_time":"2022-06-13T17:14:37+00:00","article_modified_time":"2022-06-14T08:47:55+00:00","author":"Martina Borlandelli","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Martina Borlandelli","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/operational-instructions-on-transfer-pricing\/#article","isPartOf":{"@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/operational-instructions-on-transfer-pricing\/"},"author":{"name":"Martina Borlandelli","@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/#\/schema\/person\/0e98d3abdeabd753286b0c55fe64c038"},"headline":"Operational instructions on transfer pricing","datePublished":"2022-06-13T17:14:37+00:00","dateModified":"2022-06-14T08:47:55+00:00","mainEntityOfPage":{"@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/operational-instructions-on-transfer-pricing\/"},"wordCount":109,"articleSection":["Insights"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/operational-instructions-on-transfer-pricing\/","url":"https:\/\/dev.andersen.dotandmedia.com\/en\/operational-instructions-on-transfer-pricing\/","name":"Operational instructions on transfer pricing - Andersen Italy","isPartOf":{"@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/#website"},"datePublished":"2022-06-13T17:14:37+00:00","dateModified":"2022-06-14T08:47:55+00:00","author":{"@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/#\/schema\/person\/0e98d3abdeabd753286b0c55fe64c038"},"breadcrumb":{"@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/operational-instructions-on-transfer-pricing\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/dev.andersen.dotandmedia.com\/en\/operational-instructions-on-transfer-pricing\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/operational-instructions-on-transfer-pricing\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/dev.andersen.dotandmedia.com\/en\/"},{"@type":"ListItem","position":2,"name":"Operational instructions on transfer pricing"}]},{"@type":"WebSite","@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/#website","url":"https:\/\/dev.andersen.dotandmedia.com\/en\/","name":"Andersen Italy","description":"Andersen Italy","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/dev.andersen.dotandmedia.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/#\/schema\/person\/0e98d3abdeabd753286b0c55fe64c038","name":"Martina Borlandelli","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/0783d811575988d527fecd6067485f3b6e5b50463d90b635c7fcc87393c399d1?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/0783d811575988d527fecd6067485f3b6e5b50463d90b635c7fcc87393c399d1?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/0783d811575988d527fecd6067485f3b6e5b50463d90b635c7fcc87393c399d1?s=96&d=mm&r=g","caption":"Martina Borlandelli"},"url":"https:\/\/dev.andersen.dotandmedia.com\/en\/author\/martina-borlandelli\/"}]}},"_links":{"self":[{"href":"https:\/\/dev.andersen.dotandmedia.com\/en\/wp-json\/wp\/v2\/posts\/17987","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dev.andersen.dotandmedia.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dev.andersen.dotandmedia.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dev.andersen.dotandmedia.com\/en\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/dev.andersen.dotandmedia.com\/en\/wp-json\/wp\/v2\/comments?post=17987"}],"version-history":[{"count":18,"href":"https:\/\/dev.andersen.dotandmedia.com\/en\/wp-json\/wp\/v2\/posts\/17987\/revisions"}],"predecessor-version":[{"id":18032,"href":"https:\/\/dev.andersen.dotandmedia.com\/en\/wp-json\/wp\/v2\/posts\/17987\/revisions\/18032"}],"wp:attachment":[{"href":"https:\/\/dev.andersen.dotandmedia.com\/en\/wp-json\/wp\/v2\/media?parent=17987"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dev.andersen.dotandmedia.com\/en\/wp-json\/wp\/v2\/categories?post=17987"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dev.andersen.dotandmedia.com\/en\/wp-json\/wp\/v2\/tags?post=17987"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}