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CJEU Holds Romania May Apply Transfer Pricing Rules to Cross-Border Loans Between a Branch and its Parent

|Approved Changes|Romania-European Union
Romania-European Union

On 8 October 2020, the Court of Justice of the European Union (CJEU) issued a judgment concerning whether Romania may apply its transfer pricing rules on bank transfers (loans) from a branch to its parent in another Member State. The case involved Impresa Pizzarotti, which is the Romanian branch of SC Impresa Pizzarotti & C SPA Italia (Pizzarotti Italia), established in Italy.

During the…

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