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Italian circular says taxpayers must provide transfer pricing documentation

December 20, 2010

Matthew Gilleard - TP Week

Multinational companies in Italy run the risk of being audited if they do not comply with new guidance on transfer pricing documentation.

The guidance, Circular 58/E, published by the tax administration on Thursday, said Italian multinationals and foreign companies, operating in Italy, are now obligated to provide the documentation.

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