- Limits for VAT exclusion on TP adjustment
- If the price adjustment is billed together with the service provided, the entire fee is subject to VAT
- Emanuele Greco wrote the article on Thursday, December 19, 2024
- The article discusses the Italian Revenue Agency’s latest stance on the VAT relevance of price adjustments known as transfer pricing adjustments
- The case involves a group with a company legally based in the EU but VAT identified in Italy and a company established in the USA
- The Revenue Agency reasserts its principles that price adjustments do not automatically contribute to the VAT taxable amount
- The main goal of transfer pricing policies is essentially to allow…
Source: eutekne.info
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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