Italian appeal court finds for the tax authority
May 27, 2008
Inter-company services charges again under the transfer pricing spotlight
The Tax Court of Lombardy has overturned a lower court’s ruling in favour of a taxpayer, re-imposing tax charges levied by the Italian tax authority. The taxpayer had claimed that inter-company services were tax deductible which was supported by the Provincial Tax Court of Milan. The services specified were the provision of market information useful to manage the sales process and management control. The services were supplied by the taxpayer’s parent company. The Milan court supported the taxpayer’s assertion that these qualified for a tax deduction.
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