Federico Vincenti and Carola Valente Della Rovere of Valente Associati GEB Partners/Crowe Valente analyse Italy’s cross-border tax and transfer pricing rules under DAC3 and DAC8

The automatic exchange of cross-border advance rulings and advance pricing agreements (APAs) is aimed at the acquisition of data relating to such agreements by the tax authorities and the concerned parties, so that all tax authorities potentially involved in the transactions of those parties become aware of their content.