Valente Associati GEB Partners / Crowe Valente has been named "Transfer Pricing Firm of the Year"

We are delighted and deeply honored by this recognition:

Valente Associati GEB Partners / Crowe Valente has been named "Transfer Pricing Firm of the Year" a prestigious honor we proudly accept.

We extend our heartfelt gratitude to our amazing clients and our dedicated team for their pivotal role in achieving this significant milestone.

2023 GTAP Declaration

On 21 September 2023, the 2023 GTAP Declaration was signed in Helsinki in the presence of Prof. Piergiorgio Valente, as Chairman, and the founding bodies of the GTAP (CFE the Tax Advisers Europe, AOTCA the Asia Oceania Tax Consultants’ Association and WAUTI the West African Union of Tax Institutes).

GTAP is an international platform, representing more than 700,000 tax advisers in Europe, Asia and Africa,  bringing together national and international organizations of tax professionals globally, to promote taxpayer and tax advisers’ interests by ensuring the fair and efficient operation of the global tax framework.

Piergiorgio Valente, Chair GTAP and Jeremy Choi, President AOTCA

George Kwatia, WAUTI President with Jeremy Choi and Piergiorgio Valente


Impact of Italian Guidelines on TP Audits and APAs

In recent years, this firm has assisted in an increasing number of tax audits related to transfer pricing matters, permanent establishment issues, and VAT fraud, among others. Considering this rise in audit activity, the Italian Tax Revenue Agency’s Circular No. 21/E that was published on June 20 2022 is a highly relevant document in providing additional guidance concerning tax audit activities for 2022.

The circular provides indications regarding:

  • Activities concerning audit prevention, anti-evasion, and tax litigation – making distinctions according to the type of taxpayer (large taxpayers, and medium-sized and small enterprises);

  • Consultancy – with particular reference to responses to appeals, legal advice, and cooperativecompliance; and

  • Services to taxpayers – illustrating the different types of assistance and information provided to taxpayers.


Published in: ITR (International Tax Review) - 21 December 2022

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CUDIC 2022: CALEB University HOLDS 2ND INTERNATIONAL CONFERENCE OCTOBER 25-27 2022

Caleb University Imota Lagos, Nigeria, the first Private University in Lagos State has announced the 2nd Edition of her International Conference, slated for Tuesday October 25 to Thursday October 27, 2022, at the Institution's Main Campus in Imota, Lagos State.
The main theme of the three- day event, which will equally hold virtually, is #Future Forward: Innovative Entrepreneurial Ecosystem for Sustainable Development.
Tagged 'Caleb University Disruptive Innovative Conference (CUDIC 2022)', the Conference Philosophy, is to stimulate innovative thinking through scholarly presentation of papers that could provide actionable programme and solutions for global entrepreneurial ecosystem. CUDIC 2022, like the 2021 edition offers a strategic platform to assemble some of the world’s brightest minds for the much needed Disruptive Innovations.
Among others, the objective of the conference which welcomes academics, researchers, practitioners, business owners and other operators in the field, is to provide a platform for creative thinking that can produce a high degree of innovativeness, capable of reviving dead vocations and businesses as well as sustain the existing ones in the New Normal World. Similarly, it will provide a unique opportunity for a scholarly but practical discussion among researchers.
Owing to the diverse nature of the Conference, some  Sub-Themes captured for deliberations include but not limited to areas encompassing Creativity and Innovativeness in Nigerian firms, Business resilience, post- covid recovery and emergence of new opportunities. Others are Women economic empowerment, children right in a post- covid ecosystem, the Innovative Institutional changes through Public Private Dialogue, Sustainable fiscal policies for National development, and Innovative technology for enhanced governance.

Details of the Sub-themes and other conference information are available on the Caleb University website, via https://www.calebuniversity.edu.ng.  The Link for Submission of Abstracts and Full papers is  https://easychair.org/conferences/?conf=cudic2022.

CUDIC 2022 is chaired by Prof. Adedeji Daramola, the deputy Vice chancellor  (Academics) of Caleb University while Prof. (Mrs) Olateju Somorin the Dean of College of Post Graduate Studies is the Conference Director.


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Italian Revenue Agency Issues Clarifications On Arm’s-Length Range

Federico Vincenti and Alessandro Valente of Valente Associati GEB Partners/Crowe Valente explain how Circular Letter No. 16/E will affect transfer pricing (TP) calculation in Italy.
On May 24 2022, the Italian Revenue Agency published Circular Letter No. 16/E (referred to hereafter as the Circular), clarifying the correct definition of the arm’s-length range for TP purposes.
The arm’s-length range concept was covered in Article 6 of the Decree of the Italian Ministry of Economy and Finance, dated May 14 2018 (hereafter referred to as the Decree).

Published in: ITR (International Tax Review) - 20 July 2022

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Piergiorgio Valente named Professional of the Year Tax Restructuring

Legalcommunity recognizes the outstanding achievements of top professionals as well as Law Firms within the Italian Tax market. The awards were granted on April 21, 2022.

We are pleased to share with you that this year we have been honored with an award for:

PROFESSIONAL OF THE YEAR
TAX RESTRUCTURING

Piergiorgio Valente
Valente Associati GEB Partners / Crowe Valente

The professional has managed important reorganization projects of Italian and foreign companies, including some large groups active in the fashion, energy and construction & engineering sectors

For the full award list and further details on the event, cf.:

https://legalcommunity.it/awards/legalcommunity-tax-awards-2022/#vincitori

ITR World TP - The Comprehensive Guide to the World's Leading Transfer Pricing Firms

Congratulations on being recognised as one of the leading Tax firms in World Transfer Pricing 2022

Our Audience Development team will be working hard to market the results via: 

Email marketing: Distributed to over 8,800 tax professionals and organizations around the world. 

SEO and online promotion via ITR: Over 1.9m page views per month to the World Tax/TP and ITR websites. 

Social media: Promoted to over 70,600 members and followers across our World Tax/TP and ITR LinkedIn and Twitter channels, using the #WorldTP2022 hashtag. 

In addition to our marketing efforts, you can make the most of your firm’s recognition throughout the year with social media sharing using the #WorldTP2022 hashtag, press releases, logos/rosettes on your websites, highlighting your firm’s listing, and by using key content from the written analysis in brochures and RFPs. 

We hope this sponsor press packet will assist you in developing a marketing strategy that works for you.

About World Transfer Pricing 

Produced in association with the International Tax Review, World Transfer Pricing provides rankings and editorial coverage of the most effective transfer pricing practitioners in the world, covering more than 50 jurisdictions located on every continent. 

Each edition rates the tax expertise offered in various markets, giving transfer pricing executives the most comprehensive information about the market for advice. 

World Transfer Pricing Methodology 

Our research is entirely free and independent and no firm or professional can pay to be included. The rankings are based on three key criteria: 

  • Work evidence: We ask all firms to provide deal and case highlights from their last 12 months of work.

  • Peer feedback: We conduct a practitioner survey of transfer pricing professionals to get their thoughts and feedback on our existing rankings. All active transfer pricing professionals are invited to take part and we also speak to a great number of professionals through phone and face-to-face interviews. Professionals cannot recommend their own firm or colleagues in their own firm.

  • Client feedback: We speak to a wide range of corporate and in-house contacts as part of our Client Feedback Survey to get their opinions on the firms and professionals they use. We ask for feedback on the following attributes: Technical ability, Accessibility and communication, Depth of team, Value for money, Client/lawyer relationship and International network.


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ITR World Tax - The Comprehensive Guide to the World's Leading Tax Firms

Congratulations on being recognised as one of the leading Tax firms in World Tax 2022

Our Audience Development team will be working hard to market the results via: 

Email marketing: Distributed to over 8,800 tax professionals and organizations around the world. 

SEO and online promotion via ITR: Over 1.9m page views per month to the World Tax/TP and ITR websites. 

Social media: Promoted to over 70,600 members and followers across our World Tax/TP and ITR LinkedIn and Twitter channels, using the #WorldTax2022 hashtag. 

In addition to our marketing efforts, you can make the most of your firm’s recognition throughout the year with social media sharing using the #WorldTax2022 hashtag, press releases, logos/rosettes on your websites, highlighting your firm’s listing, and by using key content from the written analysis in brochures and RFPs. 

We hope this sponsor press packet will assist you in developing a marketing strategy that works for you. 


About World Tax 

Produced in association with the International Tax Review, World Tax provides rankings and editorial coverage of the most effective Tax practitioners in the world, covering more than 50 jurisdictions located on every continent. 

Each edition rates the tax expertise offered in various markets, giving tax/ transfer pricing executives the most comprehensive information about the market for advice. 

World Tax Methodology 

Our research is entirely free and independent and no firm or professional can pay to be included. The rankings are based on three key criteria: 

  • Work evidence: We ask all firms to provide deal and case highlights from their last 12 months of work.

  • Peer feedback: We conduct a practitioner survey of tax professionals to get their thoughts and feedback on our existing rankings. All active legal tax professionals are invited to take part and we also speak to a great number of professionals through phone and face-to-face interviews. Professionals cannot recommend their own firm or colleagues in their own firm.

  • Client feedback: We speak to a wide range of corporate and in-house contacts as part of our Client Feedback Survey to get their opinions on the firms and professionals they use. We ask for feedback on the following attributes: Technical ability, Accessibility and communication, Depth of team, Value for money, Client/lawyer relationship and International network.


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International Tax Review: Crowe Valente Proudly the 18th most read article of 2021!

2021: Top 50 most-read ITR Expert Analysis articles
The main themes that emerged from the most-read articles were COVID-19, court case analysis, digital economy, industry specific articles, M&A, tax reform and transfer pricing.

Read: Crowe Valente’s article The Importance of Mutual Agreement Procedures in International Tax Disputes

See: ITR Top 5 articles

Crowe Valente is Well Represented at the Board of Crowe Global Network with Our Partner Filipa Correia!

We are delighted to announce that our Partner at Crowe Valente - Filipa Correia will join the Crowe Global board on January 1, 2022! 

Crowe Global (Crowe), one of the largest accounting networks in the world has confirmed two new members to its board of directors. Filipa Correia, International Liaison Partner (Italy) and Erastus Omolo, Managing Partner (Kenya), will take their new positions on the Crowe Global board as of 1 January 2022. Alongside these new additions, two existing members, Kuang Hui Tan (Singapore) and Héctor García (Mexico), were successfully re-elected as members of the board. 

Operating in 146 countries across the world, Crowe’s announcement reinforces their strategy to position the network for a continued future growth through investment in their services and in their people. 

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Italy Releases Circular on TP Documentation Rules

The Italian Revenue Agency published a circular aimed at providing clarifications on the subject of transfer pricing (TP) documentation on November 26 2021. The circular took into account the comments made by professionals during the public consultation that ended on October 12 2021. 
The purpose of the circular is to provide further operational instructions on the new features introduced by the regulation published on November 23 2020, regarding the suitability of the declaration which allows companies to make use of the penalty protection.

Published in: ITR (International Tax Review) - 9 December 2021

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Piergiorgio Valente appointed as the Honorary Consul of Estonia in Milan, Italy

Milan, Italy – November 10, 2021 – We are pleased to announce that Piergiorgio Valente, Partner of Crowe Valente, has been appointed as Honorary Consul of Estonia in Milan on 4 October 2021. 

Both the Estonian Ambassador to Italy Paul Teesalu and the Estonian Consul Marika Lampi from the Estonian Embassy in Rome attended the opening ceremony. 

Honorary consuls are most valuable for the Estonian foreign service, considering their importance and role in the daily support of Estonian citizens worldwide. Further, honorary consulates aid in the promotion of economic relations and of culture. Currently, the Republic of Estonia has six honorary consuls in Italy (link). 

Piergiorgio Valente is currently the managing partner of Crowe Valente and holds key roles at the national, international and supranational level. As such, he is President of CFE Tax Advisers Europe, Chairman of the Global Tax Advisers Platform (GTAP), Chairman of the Technical Committee of the International Association of Financial Executives Institutes (IAFEI), Member of the Business at OECD (BIAC) Committee on Taxation and Fiscal Policy, among other. 

During his career, which spans over 30 years of activity, he has acquired extensive and specialized knowledge of international tax, tax litigation, tax strategy and tax control. He is also the Author of numerous technical and non-technical publications, as well as a frequent speaker at prestigious international conferences. 

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