Valente Associati GEB Partners

05/06/2026

𝙉𝙀𝙒 𝘼𝙍𝙏𝙄𝘾𝙇𝙀! 𝘐𝘯𝘵𝘦𝘭𝘭𝘦𝘤𝘵𝘶𝘢𝘭 𝘗𝘳𝘰𝘱𝘦𝘳𝘵𝘺: 𝘈 𝘚𝘵𝘳𝘢𝘵𝘦𝘨𝘪𝘤 𝘝𝘪𝘦𝘸 𝘧𝘳𝘰𝘮 𝘢𝘯 𝘖𝘳𝘨𝘢𝘯𝘪𝘻𝘢𝘵𝘪𝘰𝘯𝘢𝘭 𝘗𝘦𝘳𝘴𝘱𝘦𝘤𝘵𝘪𝘷𝘦
In the latest IAFEI Quarterly, Diletta Fuxa and Carola Valente Della Rovere explore a key question: is intellectual property simply a legal asset, or is it a reflection of how organizations create, manage, and sustain innovation?

𝗞𝗲𝘆 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀:
• innovation rarely originates from a single entity and increasingly emerges from distributed organizational activities
• the DEMPE framework highlights the functions that drive the lifecycle of intangible assets
• intellectual property value depends on strategic decisions, coordination, and continuous investment
• effective IP governance is becoming a critical component of corporate strategy and long-term growth

The message is clear: Intellectual Property is not just about ownership.

It is about understanding how innovation capabilities, organizational structures, and strategic decision-making create sustainable value across multinational groups.

Read more https://www.gebpartners.it/en/intellectual-property-a-strategic-view-from-an-organizational-view-point/

03/06/2026

𝙉𝙀𝙒 𝘼𝙍𝙏𝙄𝘾𝙇𝙀! 𝘛𝘳𝘢𝘯𝘴𝘧𝘦𝘳 𝘗𝘳𝘪𝘤𝘪𝘯𝘨 𝘢𝘯𝘥 𝘎𝘭𝘰𝘣𝘢𝘭 𝘍𝘪𝘯𝘢𝘯𝘤𝘦: 𝘞𝘩𝘺 𝘐𝘯𝘵𝘦𝘳𝘯𝘢𝘭 𝘗𝘳𝘪𝘤𝘪𝘯𝘨 𝘪𝘴 𝘢 𝘍𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘈𝘳𝘤𝘩𝘪𝘵𝘦𝘤𝘵𝘶𝘳𝘦 𝘋𝘦𝘤𝘪𝘴𝘪𝘰𝘯
In the latest IAFEI Quarterly, 𝗗𝗶𝗹𝗲𝘁𝘁𝗮 𝗙𝘂𝘅𝗮 and 𝗖𝗮𝗿𝗼𝗹𝗮 𝗩𝗮𝗹𝗲𝗻𝘁𝗲 𝗗𝗲𝗹𝗹𝗮 𝗥𝗼𝘃𝗲𝗿𝗲 explore a broader perspective on Transfer Pricing: what if internal pricing is not only a tax compliance tool, but also a key driver of financial governance within multinational groups?

𝗞𝗲𝘆 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀:
• transfer pricing shapes the allocation of profits, risks and cash flows across jurisdictions
• internal pricing mechanisms determine how market volatility is distributed within the group
• transfer pricing directly influences liquidity, capital allocation and financial resilience
• CFOs increasingly need to integrate transfer pricing into broader financial planning and risk management frameworks
The message is clear: Transfer Pricing is not simply about setting compliant intercompany prices.

It is about designing the financial pathways through which a multinational enterprise manages risk, allocates capital and supports sustainable growth.

Read more on https://www.gebpartners.it/en/transfer-pricing-and-global-finance-why-internal-pricing-is-a-financial-architecture-decision/

06/05/2026

📰 Nuovo Articolo di Piergiorgio Valente per la rivista Fiscalità & Commercio Internazionale, n. 5/2026, p. 5 - : 𝙄𝙡 𝙈𝙖𝙣𝙪𝙖𝙡 𝙤𝙣 𝙀𝙛𝙛𝙚𝙘𝙩𝙞𝙫𝙚 𝙈𝙪𝙩𝙪𝙖𝙡 𝘼𝙜𝙧𝙚𝙚𝙢𝙚𝙣𝙩 𝙋𝙧𝙤𝙘𝙚𝙙𝙪𝙧𝙚𝙨 (𝙈𝙀𝙈𝘼𝙋) 𝙖𝙡𝙡𝙖 𝙡𝙪𝙘𝙚 𝙙𝙚𝙡𝙡’𝙖𝙜𝙜𝙞𝙤𝙧𝙣𝙖𝙢𝙚𝙣𝙩𝙤 𝙊𝘾𝙎𝙀 𝟮𝟬𝟮𝟲: 𝙘𝙤𝙣𝙩𝙚𝙣𝙪𝙩𝙤 𝙚 𝙥𝙧𝙤𝙛𝙞𝙡𝙞 𝙖𝙥𝙥𝙡𝙞𝙘𝙖𝙩𝙞𝙫𝙞

📌 Il recente aggiornamento del Manual on Effective Mutual Agreement Procedures (MEMAP), pubblicato dall’OCSE nel 2026 nell’ambito dei lavori dell’Inclusive Framework on BEPS, rappresenta un passaggio significativo nel processo di rafforzamento dei meccanismi di risoluzione delle controversie fiscali internazionali.

Il documento, pur mantenendo la propria natura di strumento di soft law, si propone come guida operativa avanzata per il funzionamento delle procedure amichevoli (MAP), integrando l’esperienza maturata nell’attuazione dell’Action 14 e nelle relative peer review.

leggi articolo: https://www.gebpartners.it/il-manual-on-effective-mutual-agreement-procedures-memap-alla-luce-dellaggiornamento-ocse-2026-contenuto-e-profili-applicativi/

22/04/2026

22/04/2026

📘 Siamo lieti di annunciare la pubblicazione del nuovo volume : 𝘽𝙚𝙣𝙚𝙛𝙞𝙘𝙞𝙖𝙧𝙞𝙤 𝙀𝙛𝙛𝙚𝙩𝙩𝙞𝙫𝙤 𝙚 𝙄𝙣𝙩𝙚𝙧𝙥𝙤𝙨𝙞𝙯𝙞𝙤𝙣𝙚 | 𝙈𝙤𝙣𝙞𝙩𝙤𝙧𝙖𝙜𝙜𝙞𝙤 𝙚 𝙂𝙚𝙨𝙩𝙞𝙤𝙣𝙚 𝙙𝙚𝙡 𝙍𝙞𝙨𝙘𝙝𝙞𝙤 𝙁𝙞𝙨𝙘𝙖𝙡𝙚
• Chi è davvero il beneficiario effettivo nei flussi transnazionali?
• Come funzionano le strutture "conduit" e il "treaty shopping"?
• Quando l’interposizione diventa rilevante anche sul piano penale?

Il volume "𝘉𝘌𝘕𝘌𝘍𝘐𝘊𝘐𝘈𝘙𝘐𝘖 𝘌𝘍𝘍𝘌𝘛𝘛𝘐𝘝𝘖 𝘌 𝘐𝘕𝘛𝘌𝘙𝘗𝘖𝘚𝘐𝘡𝘐𝘖𝘕𝘌" di Piergiorgio Valente e 𝗚𝗶𝗮𝗻𝗹𝘂𝗰𝗮 𝗖𝗮𝗺𝗽𝗮𝗻𝗮 analizza fiscalità internazionale, diritto penale ed economia dei flussi finanziari.

Dalle interposizioni e strutture cross-border, al monitoraggio dei capitali, fino ai meccanismi di riciclaggio e alle distorsioni nell'esternalizzazione del lavoro, il volume fornisce strumenti concreti per identificare e gestire il rischio fiscale e reputazionale. Una guida essenziale per decifrare le strutture fiscali complesse nei contesti internazionali.

📌 𝗜𝗹 𝘃𝗼𝗹𝘂𝗺𝗲 𝗲̀ 𝗱𝗶𝘀𝗽𝗼𝗻𝗶𝗯𝗶𝗹𝗲 𝘀𝘂 𝗜𝗣𝗦𝗢𝗔: https://shop.wki.it/libri/beneficiario-effettivo-e-interposizione-monitoraggio-e-gestione-del-rischio-fiscale-s812020/
𝗣𝗲𝗿 𝗶𝗻𝗳𝗼: https://www.gebpartners.it/beneficiario-effettivo-e-interposizione/

18/12/2025

𝙄𝙩𝙖𝙡𝙮: 𝙂𝙪𝙞𝙙𝙚 𝙩𝙤 𝙘𝙧𝙤𝙨𝙨-𝙗𝙤𝙧𝙙𝙚𝙧 𝙩𝙧𝙖𝙣𝙨𝙖𝙘𝙩𝙞𝙤𝙣𝙨, 𝘼𝙋𝘼𝙨, 𝙖𝙣𝙙 𝙚𝙭𝙘𝙝𝙖𝙣𝙜𝙚 𝙤𝙛 𝙞𝙣𝙛𝙤𝙧𝙢𝙖𝙩𝙞𝙤𝙣
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.

Read more: https://www.gebpartners.it/en/italy-guide-to-cross-border-transactions-apas-and-exchange-of-information/