The company Two Interactive Italia s.r.l. is wholly owned by Holding Take 2 International S.A., based in Switzerland, and is part of the US multinational Take 2 group, of which it is the sole subsidiary for Italy, for the exclusive marketing of software products (games for PC, play station, etc.). These products are imported by the taxpayer through its sister company (in turn controlled by the same parent company) Take 2 Software Europe LTD, based in Great Britain, sole supplier of the products marketed by the Italian subsidiary. In 2004, on the last day of the fiscal year, Take Two Interactive Italia s.r.l. accounted for the invoice, issued on the same date by its English sister company Take 2 Software Europe LTD, for the amount of Euro 947,456.00. This accounting document, the reason for which was ‘Price adjustment to product sold during FY 2003/2004’, was in fact a charge to the Italian company for significant price increases previously applied in ...
Read more