Convergys Italy vs. Italian Revenue Agency (July 2024): Transfer Pricing Case Analysis

Name: ArmsLength AI
Address: New York, United States
Telephone: +1-800-555-1212
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Borys Ulanenko

CEO of ArmsLength AI

TL;DR - Key Takeaways

Italian Supreme Court ruled against automatically excluding loss-making comparables in TP benchmarking.
Exclusion requires case-by-case justification, not just applying filters, aligning with OECD guidance.
Robust functional analysis and detailed documentation remain crucial for defending TP positions.
The ruling reinforces the need for Italian TP practices to adhere closely to OECD standards.

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