All taxpayers with related party transactions must electronically submit the Summary Information Table of Controlled Transactions to the tax department through the Tax For All (TFA) portal For the tax year 2022 by 28/02/2025 and For the tax year 2023 by 30/11/2025 Failure to submit the Summary Information Table of Controlled Transactions results in a fine of €500 for each person. The information included in the Summary Information Table is the VAT number, the name and tax residence jurisdiction of the counterparty, the type of the controlled transaction with the corresponding amounts. The five categories of controlled transactions are (a)          Goods (Sale and Purchase) (b)          Services (Provision and Receipt) (c)           Rights and other intangible assets (Sale/Provision and Purchase/Receipt) (d)          Financial transactions (Provision and Receipt) (e)          Others (Sale/Provision and Purchase/Receipt) Based on…