On 30 May 2022, the Treasury Department responded to a Parliamentary inquiry (No. 31287) regarding the rules for reporting certain transfer pricing information to be reported on the TPR-C form.
According to response, the TPR-C form can be authenticated by a qualified electronic signature (certified by any EU state-designated entity). In addition, anyone who has violated the obligation to provide information, who has not provided the information in accordance with the local file or in accordance with the actual circumstances, can be subject to fiscal penal liability for a fiscal offense under the Fiscal Penal Code, based on the principle of fault and intent on the part of the perpetrators.
