BonelliErede‘s sizeable tax department is sought out for both advisory matters and heavyweight tax disputes. Its expertise covers international taxation, income tax, transfer pricing, VAT, M&A, and financial taxation. Andrea Silvestri coordinates the tax practice; Stefano Simontacchi
is also director of the Leiden Transfer Pricing Research Centre; Riccardo Ubaldini specialises in national and international tax law; and Marco Adda focuses on international taxation, transfer pricing, bilateral procedures, and international standard rulings. Other specialists are Stefano Brunello, Matteo Fanni and Francesco Scandone, along with managing associate Giulio Mazzotti and senior counsel Gianpaolo Genta.
Tax in Italy
BonelliErede
Practice head(s):
Andrea Silvestri
Other key lawyers:
Stefano Simontacchi; Riccardo Ubaldini; Marco Adda; Stefano Brunello; Matteo Fanni; Francesco Scandone; Giulio Mazzotti; Gianpaolo Genta
Testimonials
‘Outstanding skills and commitment.‘
‘The ability to understand and anticipate clients’ needs, and an extended knowledge of the market and many different sectors.‘
‘The team is always able to identify problems and deal breakers, and to propose to clients the most feasible alternatives in order to manage them.‘
‘BE remains the top law firm in Italy, providing tax and legal services for substantial, and not ordinary, issues.‘
‘The tax team is very strong, both in terms of technical knowledge and its network.‘
‘Professionals who are very skilled and business oriented, and provide very specific and tailored assistance.‘
‘Andrea Silvestri and his team are reliable advisers, who understand clients’ needs immediately, and have good relationships with Italy’s central tax authorities.‘
‘Francesco Scandone is a highly appreciated tax lawyer.‘
Key clients
LVMH
Enel
Prada
CDP – Cassa Depositi e Prestiti
Amplifon
Philip Morris
Marie Tecnimont
Work highlights
- Assisted Engineering Ingegneria Informatica with the tax aspects of the purchase of approximately 43% of Be Shaping the Future.
- Assisted Crédit Agricole Consumer Finance and Crédit Agricole with the execution of an agreement with Stellantis and FCA Italy.
- Advised Webuild on the integration with its subsidiary Astaldi.
Chiomenti
Chiomenti is highly rated for its M&A and finance-related tax work. Other notable areas of expertise are private client matters, real estate deal structuring, corporate taxation and heavyweight tax litigation. Raul-Angelo Papotti routinely acts on cross-border matters involving multinationals; former team head Massimo Antonini continues to be active; Marco Di Siena advises on corporate transactions, M&A and tax disputes; and Paolo Giacometti assists with structuring cross-border deals and financial product-related taxation. Other key figures are Giuseppe Andrea Giannantonio, recently promoted partner Raffaele Russo, of counsels Giovanni Carpenzano and Antonino Guida, and counsels Irene Pellecchia, Gabriele Paladini and Giuseppe Zorzi.
Practice head(s):
Raul-Angelo Papotti
Other key lawyers:
Massimo Antonini; Marco Di Siena; Paolo Giacometti; Giuseppe Andrea Giannantonio; Giovanni Carpenzano; Antonino Guida; Irene Pellecchia; Gabriele Paladini; Giuseppe Zorzi; Raffaele Russo
Testimonials
‘Chiomenti has the ability to focus on the issues and find the right solution.‘
‘Its interaction with the Agency of Revenue, through a soft approach, achieves its goals.‘
‘A deep knowledge of the topics and the ability to understand company schemes clearly.‘
‘Paolo Giacometti and Antonino Guida are tax professionals with great experience, and are able to understand company dynamics while helping clients find the best solution.‘
Key clients
AC Fiorentina
Accor SA
Allegra Versace
Alpha Private Equity Fund
Alphasigma
Angelo Gordon
Apollo Management
Ardian Real Estate
AS Roma
ASTM
Banca Carige
Banca Generali
Bank of America Merrill Lynch
Bental Greenoak Capital
BNL
Casavo
CBRE Global Investors
CDP Group
Cerberus Capital Management
Cinven
Coudert Brothers Group
C-Quadrat Asset Management
Credit Suisse
Credito Fondiario
Dea Capital
Enel
Esprinet
Eurocommercial Properties
F2i SGR
Finleonardo
Flutter Entertainment Group
Forma Funds
Full Fortune Wealth
Generali Real Estate
GoFundMe
Goldman Sachs
Hayfin Capital Group
Heidelberg Cement
Huawei Technologies
Intesa Sanpaolo
Investindustrial Group
ITA Airways
Italcementi
Italmobiliare
JP Morgan Chase
Kering Group
KKR
LifeBrain AG
Marquard Capital Group
Mediacom Group
Mediaset Group
Monte Paschi di Siena
Morgan Stanley
Naval Group
Nomura
Olympus Group
OpCapita
Panakes Sgr
Paref Group
Pic Dare
Prelios Sgr
Quinta Capital Sgr,
Sace
Saipem Group
Savills Investment Management SGR
SEB Life
Simest
The Friedkin Group
Unicredit
Certares Management
Coca Cola
Work highlights
- Advised Italia Trasporto Aereo on the acquisition from Alitalia of a going concern that relates to the aviation activities of Alitalia (among others).
- Advised Investindustrial Acquisition Corp on the tax side to a business combination with the Ermenegildo Zegna Group.
- Advised the Flutter Entertainment Group on the purchase from CVC of Sisal.
Gatti Pavesi Bianchi Ludovici
The result of a 2021 merger between Gatti Pavesi Bianchi and Ludovici Piccone & Partners, Gatti Pavesi Bianchi Ludovici is a go-to firm for domestic and international clients, including Italian entrepreneurs with international interests and foreign individuals with business interests in Italy. The widely respected Paolo Ludovici leads the group, which also features experienced tax partners Pietro Piccone Ferrarotti, Michele Aprile and Loredana Conidi, along with Andrea Iannaccone, Andrea Prampolini, Andrea Gallizioli and Pietro Bricchetto. Of counsel Massimo Giaconia is ‘highly competent‘, while Michele Bissoli, Daniel Canola and Roger Demoro are key senior associates.
Practice head(s):
Paolo Ludovici
Other key lawyers:
Pietro Piccone Ferrarotti; Michele Aprile; Loredana Conidi; Andrea Iannaccone; Andrea Prampolini; Andrea Gallizioli; Pietro Bricchetto; Massimo Giaconia; Michele Bissoli; Daniel Canola; Roger Demoro; Luca Formica; Ludovica Lorenzetto
Testimonials
‘The team is able to build a very strong and trusting relationship with clients.‘
‘Extremely competent and knowledgeable in VAT and corporate income tax matters, and provide very credible support during M&A transactions.‘
‘This practice is really focused on financial markets and replies to clients’ requests in a very smart, fast and smooth way.‘
‘Paolo Ludovici, Andrea Gallizioli and Pietro Bricchetto are appreciated for their ability to understand business, as well as specific issues, through a 360-degree approach.‘
‘Pietro Brichetto is very knowledgeable and has a great understanding of business.‘
‘Andrea Gallizioli leaves clients feeling really satisfied.‘
‘Luca Formica in London is a standout individual, who provides the maximum level of dedication to his clients – excellent client service and value for money, and clients have no hesitation in referring him to any client requiring support in Italy.‘
‘Massimo Giaconia is highly competent, knowledgeable and well connected both nationally and internationally. He is easy to work with and available.‘
Key clients
Ardian Capital
Banca Generali
Barilla
Capvis Equity
Coca Cola HBC Group
De Agostini Group
Nextalia SGR
Prysmian Group
Reale Mutua
The Walt Disney Company
Yoox Net-A-Porter Group
Unicredit
Maisto e Associati
‘One of Italy’s most reliable firms’, Maisto e Associati has an enviable track record of advising on the tax side of high-stakes transactions, including cross-jurisdictional matters. Name partner Guglielmo Maisto
consistently acts on the Italian market’s most high-profile tax mandates; Marco Cerrato
is highly experienced in tax disputes; and Marco Valdonio advises on M&A, private equity and real estate transactions, along with transfer pricing. Also highly active are the ‘very efficient and effective‘ Aurelio Massimiano and Cesare Silvani, who ‘has great business acumen‘. Gabriella Cappelleri is an experienced of counsel.
Practice head(s):
Guglielmo Maisto
Other key lawyers:
Marco Cerrato; Marco Valdonio; Aurelio Massimiano; Cesare Silvani; Gabriella Cappelleri
Testimonials
‘Maisto e Associati is one of Italy’s most reliable firms – some would say the best.‘
‘Unique due to the accuracy of the work done by the firm’s professionals – it is outstanding.‘
‘Incomparable capabilities – the team understands any case brought to its attention perfectly.‘
‘Takes a clear-cut position on all issues and always provides clear advice. What is even more valuable is that such advice is tailor-made to the specific tax risk appetite of the client.‘
‘In M&A, the team has remarkable abilities, advising on what clients are more likely to obtain from the counterparty rather than portraying an ideal scenario for the client – this is invaluable during complex M&A negotiations.‘
‘Both the partners and associates are highly skilled, have a lot of experience of working with important clients, and are always super-prompt and available to give clients all the support they need. The network and connections that Maisto e Associati have with the tax world’s stakeholders represent other strengths.‘
‘A can-do attitude with strong business expertise, especially Aurelio Massimiano, who knows clients’ business very well, aligns to the chosen strategy, and executes it – very efficient and effective.‘
‘Cesare Silvani has great business acumen, experience and availability.‘
Key clients
Angelini
Atlantia
Bayer
COIMA
McDonalds
Mediolanum
Permira
LBO France
Stellantis
Sky Italia
Comau
Unicredit
DHL
Work highlights
- Advised Permira on the sale of Althea Group, which is known for integrated biomedical technology services.
- Advised Inter Media and Communication on its €415m institutional offering of senior secured notes.
- Advised Evergreen, a corporate vehicle set up by the Qatar Investment Authority and the Coima Group, on the tax aspects of the launch of a voluntary public tender offer for all of COIMA RES SIIQ’s shares.
Tremonti Romagnoli Piccardi E Associati
Tremonti Romagnoli Piccardi E Associati‘s practice is consistently instructed by domestic and international clients on major tax matters. Lorenzo Piccardi is an expert in international taxation, transfer pricing, and corporate, M&A, banking, finance and capital markets taxation, and Cristiano Caumont Caimi and Giancarlo Zoppini are experienced tax litigators. Additional partner-level support is provided by Marcello Valenti, Laura Gualtieri, Fabrizio Colombo, Antonio Vitali and Simone Zucchetti. The associate partners to note are Stefania Trezzini, Laura Puddu, Fabrizio Cancelliere, Matteo Porqueddu and Anna Maria Gulino, who has been an associate partner since July 2021.
Practice head(s):
Lorenzo Piccardi
Other key lawyers:
Cristiano Caumont Caimi; Giancarlo Zoppini; Marcello Valenti; Laura Gualtieri; Fabrizio Colombo; Antonio Vitali; Simone Zucchetti; Stefania Trezzini; Laura Puddu; Fabrizio Cancelliere; Matteo Porqueddu; Anna Maria Gulino
Testimonials
‘Attention to detail, innovation and strong market knowledge.‘
‘Great team work.‘
‘Able to guide clients through the most complicated deals.‘
‘Strong ability to identify with the client in order to solve problems, and always ready to advise on new opportunities or threats.‘
‘Great for its collaborative approach and timeliness, along with availability and consistency.‘
‘The firm’s strengths are its knowledge of direct and indirect (especially VAT) tax matters, tax litigation, M&A-related tax issues and tax rulings.‘
‘Antonio Vitali has deep knowledge of tax matters and coordinates the activities of other firm partners very well.‘
Key clients
2i Rete Gas
AEDES SIIQ
AgosDucato
A2A
Amec Foster Wheeler Italiana
Assicurazioni Generali
Autostrade per l’Italia
Banca Popolare di Vicenza
Banco BPM
BC Partners
COIMA SGR
Credit Suisse
doBank
Eurostazioni
FSI SGR
F2i SGR
Gamenet
GE Italia Holding
Goldman Sachs International
GVM Real Estate
Intesa Sanpaolo
Qatar Holding
Sapinda Holding
SIA
Sinterama
Trevi – Finanziaria Industriale
TUS-Holding Co
Unicredit Group
Unipol Gruppo
Work highlights
- Advised Nextalia SGR on the tax aspects of its acquisition (on behalf of Nextalia Private Equity Fund) of Altaformazione and Intesa Sanpaolo Formazione.
- Advised Evergreen on the tax aspects of the public purchase and exchange offer for the ordinary shares of COIMA RES SIIQ.
- Advised OTK Kart Group (OTK) on the sale to a group of investors of 70% of OTK.
CMS
CMS houses corporation tax, direct taxation, VAT, international taxation and transfer pricing experts. It also assists with digital economy tax issues, private client matters and tax disputes. Managing partner Giuseppe Ascoli and Federico Raffaelli, who is ‘trusted by clients‘, co-lead the team. Also notable are Giovanni Calì, Stefano Chirichigno and Fabrizio Alimandi, all of whom have broad tax practices; Beatrice Fimiani is a tax litigator; Carlo Gnetti and Mario Martinelli advise on corporate taxation; and Stefano Giuliano is ‘outstanding‘. Vittoria Segre is an experienced counsel.
Practice head(s):
Giuseppe Ascoli; Federico Raffaelli
Other key lawyers:
Giovanni Calì; Stefano Chirichigno; Fabrizio Alimandi; Beatrice Fimiani; Carlo Gnetti; Mario Martinelli; Stefano Giuliano; Guido Zavadini; Luca Vincenzi; Vittoria Segre; Gaetano Buffone; Luca Scibelli
Testimonials
‘CMS has a very efficient tax team, with the client always treated as a top priority.‘
‘Focused on outcomes and results, the team is highly communicative and always there to find the best solution to achieve the client’s objectives.‘
‘Organised and meets deadlines on time.‘
‘All the individuals of the CMS tax team are highly skilled, proactive and goal oriented. They have perfect knowledge of the law and are always very responsive and available.‘
‘The lawyers are very passionate about their work, which they organise in a very efficient way, always meeting deadlines and communicating perfectly with clients.‘
‘A standout is Federico Raffaelli who is trusted by clients – he is truly to be recommended.‘
‘One really outstanding individual is Stefano Giuliano, but they are all very good, particularly for international taxation.‘
‘Stefano Giuliano is creative, thorough and very easy to work with. Clients very rarely came across anyone like him.‘
Key clients
Hill’s Pet Nutrition (Colgate Palmolive Group)
Heineken Italia
Baby & Job
Atos
Work highlights
- Advised Hill’s Pet Nutrition (Colgate Palmolive Group) on due diligence and acquisition structuring issues (among others).
- Acted for Heineken Italia in tax litigation before the Court of Cassation against the Italian Revenue Agency.
- Advised Baby & Job on an M&A transaction involving its sale.
DLA Piper
DLA Piper‘s Italy tax group consistently advises on the tax side of real estate, insurance and M&A matters. It also has a highly active litigation practice, and the firm’s white-collar crime team is fully integrated within the tax litigation department. In September 2021, Christian Montinari became Italian tax department head, while former practice co-head Antonio Tomassini remains active in the team. The group also features Federico Pacelli, who leads the Italian transfer pricing practice, and Andrea Di Dio, whose experience includes working for the Italian Tax Police. Carlotta Benigni was made partner in May 2022.
Practice head(s):
Christian Montinari
Other key lawyers:
Antonio Tomassini; Federico Pacelli; Andrea Di Dio; Carlotta Benigni
Testimonials
‘DLA has a super-skilled tax team comprising exceptional professionals.‘
‘An innovative billing structure and collaborative approach. Diversity is also a key aspect that is deeply considered by the team and firm.‘
‘Its consolidated knowledge of clients saves time and money.‘
‘Good network, enthusiastic people and great communication.‘
‘Competent, experienced and balanced.‘
‘An interdisciplinary team that always highlights the pros and cons of decisions.‘
‘Antonio Tomassini, Federico Pacelli and Christian Montinari are experienced processionals who are able to find interesting solutions to complex problems very quickly.‘
‘Christian Montinari is one of the best and most sophisticated tax lawyers in Italy. Clients trust him, considering him to be a highly skilled and crucial partner for their business strategies and decisions.‘
Key clients
Saint-Gobain
Internazionale F C (Suning Group)
Hewlett-Packard
Telecom
Generali
Autogrill
L’Orèal
Italcementi – Heidelberg
Lidl
Credite Agricolè
Fideuram
Iliad
Sifi Group
Intesa San Paolo
Econocom
Cremonini
FCA
Italcementi
Newlat
Omnam Italy
Work highlights
- Successfully represented a French multinational company before the Italian Supreme Court in a case on indirect taxation.
- Provided assistance to Intesa Sanpaolo, as bond agent, in relation to the offering to institutional investors of senior secured bonds for a total of €415m (issued by football club Internazionale FC).
- Assisted Autogrill with the tax aspects of its share capital increase.
Di Tanno Associati
Di Tanno Associati‘s team is experienced in the tax issues surrounding M&A transactions involving both foreign and Italian groups. Tax specialists Tommaso Di Tanno and Fabio Brunelli
co-head the practice, which also showcases experienced partners Enrico Pauletti and Marco Sandoli, and associates Carlo Curti and Sabrina Tronci. In 2022, Raffaele Villa and Luca Marraffa joined as partners from CBA Studio Legale e Tributario and EY TAX & LAW ITALY, respectively.
Practice head(s):
Tommaso Di Tanno; Fabio Brunelli
Other key lawyers:
Enrico Pauletti; Marco Sandoli; Raffaele Villa; Luca Marraffa; Carlo Curti; Sabrina Tronci
Key clients
F2i SGR
CDP Venture Capital SGR
Aksìa Group SGR
VRG Wind
Apax Partners
CDP Immobiliare
Creationdose
Ares Management
Alitalia CAI
Fimer
Veronagest
Carlyle Group
Anima SGR
Logista
Covivio SA (Italian branch)
Eni Generali Real Estate SGR
Eurocommercial Properties Italia
Inarcassa – Cassa Nazionale di previdenza e assistenza Ingegneri e Architetti liberi professionisti
Leonardo Energia/Aeroporti di Roma
Work highlights
- Assisted F2i with the tax aspects of the acquisition of Ital Gas Storage from a fund managed by Morgan Stanley Infrastructure and independent investment company Whysol Investments.
- Assisted Indaco Venture Partners SGR with the tax side of setting up closed-end alternative investment funds.
- Defending VRG Wind in a fiscal dispute over the waiver of the so-called Tremonti Ambiente law.
Facchini Rossi Michelutti Studio Legale Tributario
Facchini Rossi Michelutti Studio Legale Tributario’s highly respected tax group acts for multinationals, listed companies and large corporate groups from sectors such as banking, finance, private equity, fintech, automotives, fashion, telecoms, energy, and real estate. The team is particularly well known for advising on sizeable M&A transactions, international taxation and private equity, while areas of recent growth include tax litigation, transfer pricing, patent boxes and tax compliance. The department’s co-heads are experienced tax specialists Luca Rossi, Riccardo Michelutti and Francesco Facchini. At of counsel level Francesco Capitta has broad tax expertise.
Practice head(s):
Francesco Facchini; Luca Rossi; Riccardo Michelutti
Other key lawyers:
Francesco Capitta
Testimonials
‘Unique competencies and technical skills, and always up to date with the evolving tax framework.‘
‘Available to work at short notice and meet deadlines.‘
‘A key differentiating factor is that the team provides clear advice and an action plan that can be implemented within real life situations, while other firms tend to be too scholastic, providing theoretical advice that leaves clients unable to understand how to implement it in real life.‘
‘The whole team has great availability and skills.‘
‘Pays deep attention to the client’s reputational risk.‘
‘The value for money comes from the clever solutions the team finds in difficult situations – it is a team that really cares about its clients.‘
‘Riccardo Michelutti and Francesco Capitta really partner up with clients. They are always reachable, are able to understand the key issues and practical problems, and are proactive in coming up with solutions.‘
‘Luca Rossi and his team are always focused on finding the best possible solution.‘
Key clients
Ambienta SGR
Autostrade per l’Italia
Cedacri
Cerved Group
Credem Private Equity SGR
CVC Capital Partner
EQT Partners
ION Group
MediaForEurope – MEF NV
Pirelli
Gianni & Origoni
Gianni & Origoni fields specialists in the tax aspects of M&A, extraordinary transactions and financial products. The experienced team also assists with transfer pricing, VAT, wealth management, real estate tax, patent boxes, and criminal issues. Fabio Chiarenza is ‘the best tax lawyer ever encountered‘; Luciano Acciari has longstanding tax expertise; and Vittorio Zucchelli acts on M&A, transfer pricing, and supply chain restructuring-related tax matters. Other specialists include Luciano Bonito Oliva, and at counsel level Marco Frulio and the recently promoted Francesca Staffieri. Mario D’Avossa and counsel Riccardo Vaccaro are 2022 hires from CMS.
Practice head(s):
Fabio Chiarenza
Other key lawyers:
Luciano Acciari; Vittorio Zucchelli; Luciano Bonito Oliva; Marco Frulio; Francesca Staffieri; Mario D’Avossa; Riccardo Vaccaro
Testimonials
‘The tax team at GOP is a key, solid partner for any complex matter that clients might face in connection with their private wealth.‘
‘Their deep knowledge of corporate, tax and art law, and the taxation of individuals, allows them to identify the best route for clients to follow when it comes to reorganising wealth or making complex financial investments.‘
‘Excellent knowledge of foreign tax regulations makes the team the perfect adviser for cross-border families.‘
‘Fabio Chiarenza, Luciano Bonito Oliva and Francesca Stafferi all have profound knowledge and strong levels of commercial sensitivity, which make them strong partners for clients. Clients always report very satisfactory feedback.‘
‘Clients particularly praise Fabio Chiarenza’s outstanding knowledge of legal and tax matters, as well as his ability to identify solutions that are always efficient.‘
‘Fabio Chiarenza and his team stand out for their great knowledge of tax matters and their ability to anticipate the reaction of the authorities.‘
‘Fabio Chiarenza has the right approach, as well as the ability to provide clients with a clear explanation of all the details of any convoluted piece of Italy’s tax regulations – the best tax lawyer we have ever encountered.‘
‘Marco Frulio is excellent.‘
Key clients
FiberCop
Intermediate Capital Group
Safilo
Moby
FSI SGR
SKS Malta
Goldman Sachs
Ferrovie dello Stato
UniCredit Group
Blackrock
La Rinascente Group
Sultaniale Ventures
Bonfiglioli
Fabrica Italiana Velocipedi Edoardo Bianchi
ENEL
Snam
Tamoil
Aquileia Capital Services (Bain Group)
Poste Italiane
Coeclerici Group
Telecom Italia
KKR
Work highlights
- Provided tax advice to FiberCop, the infrastructure operator of the TIM Group, in relation to a loan agreement for €1.5bn.
- Provided tax advice to the Salcef Group, in relation to a €30m green loan financing that was granted by Intesa Sanpaolo (and backed by a SACE guarantee).
- Provided tax advice to UniCredit in relation to a real estate securitisation transaction involving a bank loan.
Legance - Avvocati Associati
Legance - Avvocati Associati’s practice consistently advises on the tax aspects of domestic and international transactions. It is particularly noted for its expertise in tax matters relating to real estate, project finance, fashion, luxury goods, financial institutions, and investment funds. The team is co-led by Luca Dal Cerro, who assists with the tax side to major deals; Marco Graziani, ’a leading tax partner in the Italian market‘; and Claudia Gregori, who routinely structures M&A, private equity and financing transactions. Experienced practitioners at senior counsel level are Francesco Di Bari and the recently promoted Gabriella Geatti.
Practice head(s):
Luca Dal Cerro; Marco Graziani; Claudia Gregori
Other key lawyers:
Francesco Di Bari; Gabriella Geatti; Davide Nespolino; Riccardo Petrelli
Testimonials
‘A great team, with partners who are always available and present during meetings and calls.‘
‘Always available to discuss the big picture in order to understand the perfect solution or solutions to fit clients’ needs’ perfectly.‘
‘The tax practice is very strong, providing sound technical guidance alongside practical, commercial advice.‘
‘Competent, reactive, professional and knowledgeable.‘
‘Availability, competence, cross-sector knowledge, team work among partners, and a strong network.‘
‘Marco Graziani is a leading tax lawyer in the Italian market, and is able to draw on a lot of experience across a wide range of matters. He is a very valuable resource to clients, and is always able and willing to offer a lot of commercial and technical insight.‘
‘Marco Graziani has deep and detailed knowledge of Italian tax law.‘
‘Marco Graziani always looks for a solution that is not only clear from a legal perspective, but which can also be implemented. This entrepreneurial spirit stands out.‘
Key clients
Altarea Cogedim
AXA Insurance Group
Aviva Investors
Bank of America Merrill Lynch
BNP Paribas
Cassa Depositi e Prestiti
Chequers Capital Partenaires
CBRE Global Investors
EF Solare Group
ENEL Group
ENI Group
Eurazeo
F2i
Ferragamo Group
Fortress
Goldman Sachs
Hayfin Capital management
Incus Capital
ING Group
Intermediate Capital Group
Intesa Group
Neuberger Berman
Savills Investment Management
Partners Group
Denso Group
Moncada Group
Rhea Vendors Group
Tikehau Capital
Texas Pacific Group
Sixth Street Partners
Schroder Adveq
Lombard Odier
Vestas Asset Management
Westfield Unibail Rodamco
Wisequity
GIC
IPI Partners
Invel Real Estate Management
Quadrivio Group
Wolford
Zouk Capital Group
ADVANT Nctm
ADVANT Nctm‘s tax practice comprises both lawyers and chartered accountants, who advise international and domestic clients on cross-border tax issues, M&A and IPO-related taxation, and tax litigation. Other key areas of expertise are real estate taxation, transfer pricing, and assisting high-net-worth individuals. Tax transactions specialist Barbara Aloisi leads the practice, which also features widely respected tax experts Federico Trutalli, Guido Martinelli and Piermauro Carabellese. Matteo Cipriani is another active team member.
Practice head(s):
Barbara Aloisi
Other key lawyers:
Federico Trutalli; Guido Martinelli; Piermauro Carabellese; Matteo Cipriani
Key clients
Falck Group
Italo
Snam
VRG
Vodafone Europe
ERG Renew Group
LBO France
Chequers Capital
G Rent
William Hill
Work highlights
- Provided tax assistance to Falck Group, in relation to a tax ruling involving the Italian tax administration.
- Providing assistance to Italo – Nuovo Trasporto Viaggiatori, a private high-speed rail operator, on tax matters.
- Provided tax assistance to LBO France on the sale of Vetroelite, a designer and distributor of glass packaging, to TricorBraun.
Studio Professionale Associato a Baker & McKenzie
Studio Professionale Associato a Baker & McKenzie‘s practice covers corporate and income tax, VAT, international taxation, and major tax disputes. Domestic and international taxation specialist Francesco Pisciotta and international tax planning expert Michele Santocchini co-lead the department, which also features tax litigator Barbara Faini. Counsels Chiara Giorgia Monga and Pamela Floriani joined from EY TAX & LAW ITALY and Deloitte Legal Italy, respectively.
Practice head(s):
Francesco Pisciotta; Michele Santocchini
Other key lawyers:
Barbara Faini; Chiara Giorgia Monga; Pamela Floriani
Testimonials
‘Pays great attention to its clients, from a professional and personal point of view.’
‘Baker & McKenzie combines technical excellence in tax matters with a good understanding of businesses and their needs.’
‘The team is responsive and solution oriented.’
Key clients
Idealista
Caterpillar
Equinix
Work highlights
- Assisted Idealista, a Spanish real estate portal operator, with the acquisition of Regold, a service company for Italian estate agents.
Biscozzi Nobili Piazza
Biscozzi Nobili Piazza routinely acts for large multinational companies and private individuals on corporate and tax matters. The tax department is co-led by corporate and digital taxation expert Aldo Bisioli; Oliviero Cimaz, who advises on domestic and international restructuring, along with banking and finance-related taxation; Francesco Nobili, a specialist in restructuring and family business tax issues; and Luigi Garavaglia, whose practice includes the tax aspects of M&A deals and IPOs.
Practice head(s):
Aldo Bisioli; Oliviero Cimaz; Francesco Nobili; Luigi Garavaglia
Testimonials
‘Great for its carefulness and timeliness.‘
‘Client focus with great experience in domestic matters.‘
Key clients
Altran
Altair Funeral
Azimut Holding
Banca Profilo
Bolton Group
Carnival Corporation/Costa Crociere
Damiani
Castello SGR
Credit Suisse
Davide Campari-Milano
De Longhi
Dolce & Gabbana
Eataly
Fondo Strategico Italiano
ICTeam
Italtrans
LU-VE Group
Officine Meccaniche Bander
Patrizia Immobilien
Rothschild Italy
Rancilio Industries
Schmolz + Bickenbach Italia
Sixty Group
Sony Music Entertainment Italy
Telecom
Tesmec
Tod’s
Unichips/San Carlo
Work highlights
- Assisted Redo with the fiscal aspects of its acquisition by OCS.
- Provided tax assistance to Eataly Real Estate, in relation to the sale of real estate to Coima.
- Provided tax assistance to FSI on the acquisition of 60% of the share capital of Iccrea BCC Pay.
CBA Studio Legale e Tributario
Particularly active on behalf of banking and financial clients, CBA Studio Legale e Tributario advises on tax structuring issues, along with the subsequent investment and portfolio management stages. Angelo Rocco Bonissoni is an M&A and private equity specialist; Stefano Petrecca‘s practice includes corporate taxation and tax litigation; and Michele Citarella ‘has deep knowledge of tax issues‘. Other active practitioners are Giorgio Iacobone, Francesco Assegnati, Roberto Brustia, and the recently promoted Leonardo Reggio.
Practice head(s):
Angelo Rocco Bonissoni
Other key lawyers:
Stefano Petrecca; Michele Citarella; Giorgio Iacobone; Francesco Assegnati; Roberto Brustia; Leonardo Reggio; Gianluca Ferri; Nino Bosco; Ernesto Caso; Valerio Cirimbilla; Roberto Commodari; Arianna Valenza; Luca Vitale
Testimonials
‘The tax department is relied upon to structure investment products, find solutions and evaluate complex situations.‘
‘Michele Citarella has deep knowledge of tax issues, and provides strong support when taking difficult decisions during complex deals.‘
Key clients
Antares Private Equity
CCR Fund
Oxy Capital
F2i SGR
Finanziaria Internazionale Investment SGR
BLUE SGR
Sparkasse
Patron Capital Advisers
Freo Group
Savills Investment Management SGR
Gruppo Banca Finanziaria
Cleary Gottlieb Steen & Hamilton
Cleary Gottlieb Steen & Hamilton‘s ‘excellent full-service team‘ consistently advises on the tax issues surrounding M&A transactions, hybrid financing and investment structures. Other active areas include tax restructurings, derivatives, employee benefit plans, tax litigation, and assisting individuals and family offices with tax and planning work. Vania Petrella is ‘a superb tax partner‘, while senior attorney Gianluca Russo is a corporate taxation expert. Paola Albano is an experienced tax compliance lawyer.
Other key lawyers:
Vania Petrella; Gianluca Russo; Paola Albano
Testimonials
‘An excellent full-service team that can manage complex structuring and diligence workstreams.‘
‘CGSH brought a very experienced team to the deal negotiations. The client found them to be thoughtful, as well as very proactive in understanding its needs and ability to solve problems.‘
‘The team evidently had a high standard of commercial judgement, coupled with a clear ability to achieve well-drafted deal documentation. It also worked extremely well with the client team.‘
Key clients
Veolia Environnement
ArcelorMittal
Ermenegildo Zegna
F2i
Asterion Industrial Partners
Cassiopea
Smurfit Kappa
Worldline
Livanova
Work highlights
- Advised Veolia Environnement on its successful €12.9bn acquisition of Suez and the €10.4bn-related divestment of certain Suez assets.
- Assisting ArcelorMittal with the Italian tax aspects of its investment in Ilva, a large steel plant in Europe.
- Acted as Italian counsel to the Ermenegildo Zegna Group on a business combination with Investindustrial Acquisition Corp, a special purpose acquisition corporation.
Clifford Chance
‘The perfect adviser for complex, cross-border deals‘, Clifford Chance’s practice focuses on the tax aspects of finance, M&A and real estate transactions. On the disputes side, the team’s expertise includes tax audits, along with litigation before the tax courts. Tax head Carlo Galli is also part of the firm’s global tax leadership group, while counsel Sara Mancinelli is ‘extremely competent‘. Andrea Sgrilli and Roberto Ingrassia are experienced senior associates.
Practice head(s):
Carlo Galli
Other key lawyers:
Sara Mancinelli; Andrea Sgrilli; Roberto Ingrassia
Testimonials
‘What makes the Clifford Chance tax practice unique is the high-quality work, combined with a strong focus on the business aspects.‘
‘Always looks for solutions to ensure that the deal closes.‘
‘The perfect adviser for complex, cross-border deals – it has an unrivalled European tax practice.‘
‘Exceptionally commercial and with great industry knowledge.‘
‘Sara Mancinelli is one of the most valuable professionals around for real estate tax. She is a go-to person when there is a complex or sensitive tax issue to be handled.‘
‘Sara Mancinelli is extremely competent from a technical perspective, especially in cross-border structuring and VAT matters.‘
‘What makes Sara Mancinelli different from competitors is the way she manages issues – she anticipates and prevents them from becoming problems or deal breakers. When she is on a deal, clients know that every tax aspect is under control and properly managed, and that there will be no surprises.‘
Key clients
Atlantia
Athora Holding
Infrastructure Investment Fund
Cassa Depositi e Prestiti
Coima Sgr
Eni
Macquarie Infrastructure and Real Assets
Primonial
Starwood Capital
Work highlights
- Advised Atlantia on the tax aspects of an agreement with the Siemens Group for the acquisition of Yunex Traffic.
- Assisted Coima Sgr with the tax aspects of a forward purchase agreement for a Grade A logistics development portfolio.
- Assisted Starwood Capital with the tax aspects of a strategic investment from controlled affiliates of Starwood Capital Group, consisting of the subscription of a minority stake in DoveVivo.
Dentons
‘Achieving excellent results‘, the experience of Dentons’ Italy tax practice covers the tax structuring of cross-border investment vehicles, M&A transactions and real estate deals, along with the tax implications of wealth management, tax litigation and tax criminal law. Italy practice leader Andrea Fiorelli is a highly regarded tax specialist, while Fabrizio Capponi leads the international tax practice in Italy. Roberta Moscaroli and managing counsel Maria Paola Serra ‘support clients with competence‘.
Practice head(s):
Andrea Fiorelli
Other key lawyers:
Fabrizio Capponi; Roberta Moscaroli; Maria Paola Serra
Testimonials
‘Very collaborative and with very solid expertise.‘
‘Dentons distinguishes itself by providing a pool of expertise that many other major firms do not have. This allows the firm’s professionals to collaborate with each other and offer comprehensive advice, even on particularly complex areas that normally require advice from several law firms.‘
‘Dentons’ team is very flexible, and able to support clients promptly and methodically.‘
‘The assistance of Dentons’ lawyers was essential for the success of the operation – always very helpful and competent, achieving excellent results.‘
‘Dentons has a global network that is very accessible. By having one main contact person, the services of other offices can be used, without having to go through KYC procedures every time.‘
‘The practitioners come up with solutions to our needs which, especially during cross-border situations, are extremely valuable and time saving.‘
‘Dentons understands who clients are and what they need – the lawyers do a terrific job at organising highly efficient meetings with the right people, and their attitude is very practical. Clients really have them by their side.‘
‘Special mention to Roberta Moscaroli and Maria Paola Serra, professionals who support clients with competence, seriousness and kindness. Clients particularly like their proactivity in providing interesting and strategic business ideas.‘
Key clients
GEDI – Gruppo Editoriale
Barings
Savills Investment Management SGR
Engie Italia
Motorola Solutions
IKAV
W-Fin
Busell LLP
DeA Capital SGR
Fort Partners
illimity Bank
Quinta Capital SGR
Ferrovie dello Stato Italiane
Work highlights
- Advising GEDI – Gruppo Editoriale on the Digital Services Tax regulations.
- Advising Quinta Capital SGR on the tax aspects of the launch of a reserved, closed-end real estate alternative investment fund named PHHL Nursing Homes.
- Advising Ferrovie dello Stato Italiane on the tax aspects of the issuance of two green bonds under its EMTN programme.
Macchi di Cellere Gangemi
Macchi di Cellere Gangemi‘s practice covers international tax, tax audits and tax litigation. Other key areas of activity are energy and environmental taxation, VAT, automotive-related taxation, real estate transactions, and private client work. Team leader Bruno Gangemi is ‘one of the best tax professionals in the Italian market‘; Arnaldo Salvatore is a VAT specialist; and Arcangelo D’Apolito advises on M&A-related taxation. Federico Di Cesare was promoted to partner in January 2022.
Practice head(s):
Bruno Gangemi
Other key lawyers:
Arnaldo Salvatore; Arcangelo D’Apolito; Federico Di Cesare
Testimonials
‘The team is made up of very capable individuals – very well prepared, always attentive to clients’ needs, and with a good understanding of business.‘
‘Providing the best professionals, the team is always available to handle difficult situations.‘
‘The strengths and key skills of the team are its very solid tax knowledge, proactivity, passion and multidisciplinary approach.‘
‘A highly organised tax practice with the ability to interact with clients’ internal tax advisers.‘
‘Bruno Gangemi is one of the best tax professionals in the Italian market. He combines great technical knowledge with remarkable human qualities.‘
‘Arnaldo Salvatore is a solid VAT expert and the person clients want during litigation.‘
‘Federico Di Cesare is always present, no matter how complicated the project. Clients particularly value his technical knowledge, which makes him a reliable adviser.‘
Key clients
Interflora Italia
Trinseo Italia
Paypal
VMware Italy
Emc Computer Systems Italia
Diesel
CORUM Origin
Swissquote Bank
ALD Automotive Italia
bee2link
Nijhuis Saur Industries
Arribatec
Ford Credit Italia
Work highlights
- Advised Interflora on several complex VAT issues.
- Advised Paypal SE Italia on obtaining an advance pricing agreement with the Italian tax authorities.
- Assisted VMWARE Italy with several international tax and transfer pricing matters.
McDermott Will & Emery Studio Legale Associato
McDermott Will & Emery Studio Legale Associato’s ‘knowledgeable team consistently provides excellent tax advice‘. The group regularly handles significant transfer pricing cases, in addition to advising on international taxation issues. Andrea Tempestini leads the Italian tax practice, which also features longstanding tax law expert Carlo Maria Paolella and the ‘highly responsive‘ Emidio Cacciapuoti. Other key practitioners are counsel Alessio Persiani and associate Giuseppe Mazzarella, who both have broad tax practices.
Practice head(s):
Andrea Tempestini
Other key lawyers:
Carlo Maria Paolella; Emidio Cacciapuoti; Alessio Persiani; Giuseppe Mazzarella; Diego Avolio; Giovanni Barbagelata
Testimonials
‘Careful, timely and focused on clients.‘
‘Reliable, and understands the business and clients’ needs. Very fast replies and good commercial sense.‘
‘Strong business acumen and tailor-made advice. Great availability and responsiveness.‘
‘An easygoing team that is very efficient and proactive.‘
‘This knowledgeable team consistently provide excellent tax advice on real estate transactions. They are advisers who identify the key issues precisely and are solutions focused.‘
‘Andrea Tempestini is a trusted partner to clients, who has deep knowledge of domestic and international tax law, and always comes up with alternative and creative solutions, simplifying the understanding of complex topics.‘
‘Andrea Tempestini is the key reference point for all international and strategic tax matters in Italy.‘
‘Emidio Cacciapuoti is highly responsive, and his advice is always very clear, reliable and pragmatic. He is also very good at arriving at workable solutions by thinking ahead and considering the commercial aspects.‘
Key clients
Automobili Lamborghini
Barilla
Bonatti
Charme Capital Partners SGR
Davide Campari Milano
Ducati Motor Holding
EssilorLuxottica
Furla
Infravia Capital Partners
Janssen Cilag/Johnson & Johnson
Loro Piana
Manpower
Recordati
Style Capital SGR
Timex
Work highlights
- Assisting Style Capital SGR with the fund structuring of its second private equity initiative, Style Capital II.
- Represented Essilor Luxottica in obtaining victory in Supreme Court litigation concerning the taxation of executives’ stock-based bonuses.
- Providing tax advice to Davide Campari Milano, in relation to the structuring and implementation of a joint venture with Moët Hennessy.
Pedersoli Studio Legale
The recent track record of Pedersoli Studio Legale‘s ‘team of competent, experienced and reliable professionals‘ includes the tax aspects of debt restructuring, and M&A, financial and capital market transactions. The firm also fields a robust tax litigation practice, in addition to advising on ongoing tax matters. Team head Giovanni Bandera has a broad tax practice, Andrea de’ Mozzi is ‘very skilled‘, and Daniela Caporicci is a transactional taxation specialist.
Practice head(s):
Giovanni Bandera
Other key lawyers:
Andrea de’ Mozzi; Daniela Caporicci
Testimonials
‘A team of competent, experienced and reliable professionals, who are able to offer support on both local and international issues.‘
‘A team that seeks to know its client thoroughly, in order to provide support in the best possible way – never superficial, analysing every issue and aspect in detail.‘
‘The approach of the tax practice is closely linked to the needs of the client, thanks to a team that is continuously present and provides timely answers to questions.‘
‘The firm offers a wide range of services with competence and efficiency.‘
‘Always available to discuss problems and solutions, and very professional in its advice.‘
‘Andrea de’ Mozzi is a very good professional, who is smart and reliable, and very well equipped for advising Italian companies wishing to do business abroad. He has a lot of contacts globally, which is very helpful.‘
‘Andrea de’ Mozzi is very skilled in a wide range of tax issues involving a variety of transactions.‘
‘Trust, competence, professionalism and deep knowledge of the client are the qualities that distinguish Daniela Caporicci and her team.‘
Key clients
CDP Venture Capital SGR
Cobepa
Ferretti Group
DiaSorin
Gestioni
Gruppo Stefano Ricci
IKEA
Impianti
Intesa Sanpaolo
8a+ Real Innovation
NT Majocchi
Lonza Group
Migal Group
BPER Banca
WIIT
Inalpi
Work highlights
- Assisted Cobepa with the tax aspects of its acquisition of a majority stake in Salice, which specialises in components for the high-end furniture sector.
- Assisted Ferretti Group with the tax aspects surrounding an IPO for a Hong Kong listing (through a share placement).
- Assisted CDP Venture Capital SGR with the tax side to investments in three venture capital funds.
Pirola Pennuto Zei & Associati
Pirola Pennuto Zei & Associati’s team covers the tax due diligence and structuring of M&A, real estate and financial transactions, structured finance and bonds. It also assists with establishing investment platforms. Stefano Tronconi is an international taxation specialist; Guido Doneddu advises on corporate taxation, transfer pricing, litigation and corporate reorganisations; and tax and corporate law specialist Nathalie Brazzelli is experienced in private equity deals. Additional partner level-strength is provided by Massimo Di Terlizzi.
Other key lawyers:
Stefano Tronconi; Guido Doneddu; Nathalie Brazzelli, Massimo Di Terlizzi
Testimonials
‘Strong and experienced firm.’
Key clients
Fedrigoni
Bain Capital
Elior Group
F I S Fabbrica Italiana Sintetici
Gilead Sciences
Boston Scientific
Zegna Group
Paul Wurth Group
Sutter Group
Siemens Group
City Group
Allen & Overy - Studio Legale Associato
Allen & Overy - Studio Legale Associato has notable fund and transfer pricing expertise, along with strong financial taxation credentials. Team leader Francesco Guelfi focuses on tax, regulatory and accounting issues, and recently promoted counsel Elia Ferdinando Clarizia advises on the tax aspects of banking, capital markets, structured finance and corporate transactions.
Practice head(s):
Francesco Guelfi
Other key lawyers:
Elia Ferdinando Clarizia
Key clients
Algebris Investments
Banco Bpm
Davide Campari-Milano
DBG Advisors
Epic SIM
IMI – Intesa Sanpaolo
Mediobanca
Nuveen
Rheinmetall Italy
The Children’s Investment Fund
Work highlights
- Advised Aviva on the tax aspects of the disposal of its insurance businesses in Italy.
- Advised JP Morgan and Banco Santander (as lenders and bookrunners) and Banco BPM (as purchaser of a VAT credit) on the tax aspects of a €518m project bond issued by a special purpose vehicle.
- Assisted UniCredit and UniCredit Bank with the structuring of a securitisation platform.
Belluzzo International Partners
Belluzzo International Partners specialises in advising families and businesses owners (including investors) on domestic and cross-border tax matters, along with direct and indirect taxation. The team is co-headed by experienced tax advisers Daniele Carlo Trivi and Alessandro Saini, along with Luigi Belluzzo, who divides his time between Milan and London.
Practice head(s):
Luigi Belluzzo; Daniele Carlo Trivi; Alessandro Saini
Other key lawyers:
Lorena Pellissier; Paola Bergamin
Testimonials
‘The firm is deeply specialised in all areas of wealth planning, with a particular focus on cross-border taxation.‘
‘All the people within this practice are of a very high standard. Comprising various partners with different skills (in M&A, tax and other matters), it represents a kind of one-stop shop for all needs.‘
‘Great reputation and experience.‘
‘Provides very effective support.‘
‘Its ability to support clients’ wealth planning needs is amazing.‘
‘Luigi Belluzzo’s knowledge and passion for wealth planning are outstanding. He always catches on to new regulatory trends and understands how to use such trends to resolve clients’ problems.‘
‘Luigi Belluzzo is very knowledgeable and authoritative, specifically on the Italian lump sum taxation rules for people moving or returning to Italy.‘
‘Luigi Belluzzo is very responsive – great cross-border knowledge and business oriented.‘
Key clients
PATRIZIA
Gamma Capital Markets
Nethive
Binario
Bregaglio
Carnelutti Studio Legale Associato
Carnelutti Studio Legale Associato’s tax group is particularly active in transfer pricing, tax litigation, M&A tax planning, and corporate compliance. The practice is jointly headed by experienced partners Paolo Baruffi and Gilberto Comi, who are both specialists in transfer pricing, patent box tax relief, advance rulings and tax-related disputes.
Practice head(s):
Paolo Baruffi; Gilberto Comi
Other key lawyers:
Fabio Fusco; Mario Ippolito; Massimo Marconi
Testimonials
‘The team is available, flexible and prepared, and with the ability to understand clients’ needs.‘
‘The team comprises lawyers, accountants and corporate law experts, who are extremely competent professionals.‘
Key clients
Arkema France
Arkema
Elkem Siliconi Italia
Gardner Denver
Garo
Ingersoll Rand
Giglio Group
Johnson Control
Bentel Security
Clarios Italia
Lemanik
Nexans Italia
Nexans Intercablo
Nexans
Partecipazioni Italia
Westlake Compounds Italy
Christeyns Group
Chemviron
Alpha FX
Cementilce
Conbipel
TotalEnergies Italia Servizi
Olon
Fidia Farmaceutici
Work highlights
- Assisted Gardner Denver and Garo with the negotiation of a tax ruling with the Revenue Agency to obtain and quantify a patent box tax benefit.
- Assisted A&M Capital Europe with the acquisition of the Carton Pack group.
- Successfully defended Arkema France in a tax dispute over the reimbursement of excess corporate income tax paid on a 2016 capital gain.
De Berti Jacchia Franchini Forlani
De Berti Jacchia Franchini Forlani is well known for its expertise in the luxury goods, automotive, food, banking and gambling sectors. The practice is co-led by Massimiliano Gazzo, who is experienced in deal tax structuring, restructurings, transfer pricing and litigation, and international taxation, business restructuring and transfer pricing specialist Tiziana Zona.
Practice head(s):
Massimiliano Gazzo; Tiziana Zona
Other key lawyers:
Angela Valente; Alessandro Foti; Diego Conte
Key clients
De Rigo Group
Commerzbank
Gruppo Contship
Koso Parcol
Culligan Group
Koopman
Crane Worldwide Logistics
Coripet
CroisiEurope
Work highlights
- Assisted Contship with a transaction that led to the integration of Go. Trans into driveMybox, including advising on a tax ruling on the Italian tax regime applicable to dividends received from a foreign subsidiary.
- Successfully acted for Coripet in a case before the Italian Revenue Agency on the VAT treatment of a precautionary measure ordered by an administrative authority.
- Successfully acted for De Rigo in opposing several high-profile challenges to its transfer pricing policy.
Eversheds Sutherland Associazione Professionale
Eversheds Sutherland Associazione Professionale houses specialists in both transfer pricing and tax litigation relating to cross-border transactions. The tax practice is co-headed by Marco Melisse, who advises Italian companies and the subsidiaries of multinational companies, and Sebastiano Sciliberto, who assists with international taxation, M&A-related tax issues, corporate taxation and tax litigation.
Practice head(s):
Marco Melisse; Sebastiano Sciliberto
Other key lawyers:
Gianluca Nemec; Salvatore Pezzella; Daniele Raimondi; Aura Moraglia; Andrea Cristiani; Federica Cipolletta
Gattai, Minoli, Partners
Gattai, Minoli, Partners regularly advises on the tax aspects of cross-border acquisitions (both on the sponsor and lender side). The department is co-led by Cristiano Garbarini, whose practice includes M&A tax structuring and LBO transactions, and Domenico Ponticelli, a 2022 recruit from Di Tanno Associati. Alban Zaimaj is an experienced counsel.
Practice head(s):
Cristiano Garbarini; Domenico Ponticelli
Other key lawyers:
Alban Zaimaj; Valentina Buzzi
Testimonials
‘Great lateral thinking in relation to multiple potential scenarios.‘
‘Strong sponsor focus, great market knowledge, and sharp and savvy – a really great tax team.‘
‘Experienced, rigorous, knowledgeable and aware of market dynamics, while being very responsive and user friendly.‘
Key clients
Rivean Capital Partners
DBAG
PAI Partners
Kyma
Stirling Square Capital Partners
Tikehau Capital
Investcorp
Goldman Sachs
GLP
Intermediate Capital Group
DOC Generici
Bluegem Capital Partners
BFF BANK
Intesa SanPaolo
Radisson Group
Alpha Private Equity
DigitalBridge
Alchemy Capital Partners
Cerved Group
GLP
Angelo Gordon
TeamSystem
RCS Mediagroup
Work highlights
- Advised funds managed by Rivean Capital on the indirect acquisition of the companies that control TAS Group.
- Advised Investcorp on the sale of Dainese to Carlyle.
- Advised Intermediate Capital Group on the sale of DOC Generici to TPG Capital.
Hogan Lovells International LLP
Hogan Lovells International LLP’s Italy tax practice is led by ‘expert‘ counsel Serena Pietrosanti, whose experience includes providing tax advice to multinationals on cross-border transactions in the real estate, life sciences and financial services sectors. Senior associate Maria Cristina Conte focuses on the tax side to insurance and finance-related deals.
Practice head(s):
Serena Pietrosanti
Other key lawyers:
Maria Cristina Conte
Testimonials
‘The team is highly competent, quickly resolving problems in the best way possible.‘
‘What makes it stand out is that it is very empathic, and really understands clients’ problems and what they need in order to resolve them.‘
‘Serena Pietrosanti is an expert in her field – very responsive and understands clients’ needs.‘
Key clients
Argo Group
Banca Monte dei Paschi di Siena
Banca Valsabbina
BNP Paribas Cardif
BNP Paribas
Cassa Depositi e Prestiti
Equita SIM
Ferrovie dello Stato
Nissan Italia
Kuwait Petroleum
Tokyo Electron Europe
UniCredit
Société Générale
Rabobank
CNP Assurances
The Q8 Group
Work highlights
- Assisted the firm’s French and Italian cross-border corporate team with the tax side to CNP Assurances’ acquisition from Aviva Group of its life insurance businesses in Italy.
- Assisted Barings with the tax aspects to the structuring and negotiation of the purchase of real estate in Milan.
- Advised BNP Paribas/BNL on the tax side to the sale of 80% of Axepta Italy to Worldline.
Linklaters
Linklaters‘ Italy tax team consistently assists with transactions involving significant tax issues. It also advises on rulings issued by Italy’s tax authorities. Italy tax practice head Roberto Egori advises multinationals, investment banks, financial institutions, private equity firms, and credit and real estate funds on tax matters.
Practice head(s):
Roberto Egori
Other key lawyers:
Fabio Balza; Eugenia Severino; Sergio Merlino
Testimonials
‘Strong international network and excellent expertise in financial markets and products – a very professional team.‘
‘What makes the team stand out is its strong technical expertise in financial instruments, transactions and cross-border issues, along with its availability and professionalism, resulting in a high-quality service.‘
‘Deep knowledge of the law and the ability to find an angle.‘
Key clients
Magnetar Capital
Crédit Agricole – Corporate & Investment Bank
Société Générale – Corporate & Investment Banking
DeA Capital Alternative Funds
Hope Sicaf S B
Nuveen Real Estate
Barclays Bank
Alberta Investment Management Corporation
Ferroli
Unicredit Bank
Ferroli
Gruppo Barletta
Nunziante Magrone
Nunziante Magrone’s practice covers income tax, double taxation, tax litigation, transfer pricing, and permanent establishment issues. Other areas of expertise include dividend optimisation, tax planning, international commerce-related VAT issues, and advising private families and family businesses. The group is jointly led by experienced partners Claudio Giordano, Carlo Sallustio and Fabio Capezzone.
Practice head(s):
Claudio Giordano; Carlo Sallustio; Fabio Capezzone
Other key lawyers:
Alice Cogliati Dezza
Testimonials
‘The people always make the difference, so the team’s proactive way of managing relationships with clients helps a lot, and its digital service really speeds up the process.‘
‘Real personal analysis of clients’ issues and a very good understanding of both US and Italian tax law.‘
‘Clients are always highly satisfied with the firm’s service, and response times are excellent. Questions and requests are answered very quickly, and, most importantly, these responses are precise, professional and to the point.‘
‘Very competent and focused. Clients get correct and fast information, as well as decisions from them on all tax-related issues. Clients are never disappointed.‘
‘The tax advice and assistance are of a high quality, and the partners are always available.‘
‘Carlo Sallustio is appreciated for his availability, the ability to understand problems quickly, and his broad cultural background, which allows him to manage complex issues quickly, effectively and with the utmost professionalism.‘
‘Carlo Sallustio definitely stands out.‘
‘Fabio Capezzone provides an outstanding service of a consistent, superior quality that adds value to clients’ business.‘
Key clients
Aircraft Engine Lease Finance
Net Service
UPS Health Italia
Spring Studios
SNCF Société Nationale des Chemins de fer Français
AVENTA
HERBOLEA
Toyota Motor Europe
General Motors
Radisson Hotel Milan & Rome
Southern Cross Group
Adamis Group Italia
The British School At Rome
Trustly Group
Wyscout
Hudl Italia
ABI LAB
Clyde Bergemann
SOGEMAR
AGSM AIM
Roxcel
Work highlights
- Assisted a client with a transfer pricing audit and the subsequent application for an arbitration procedure under the EU Arbitration Convention.
- Advising Adamis Group Italia on a consultancy service, based on proprietary technology.
- Advising Molo Group Hotel on the structuring of its Italian operations.
PwC TLS Avvocati e Commercialisti
Advising groups, family businesses and high-net-worth individuals, PwC TLS Avvocati e Commercialisti leverages an enviable global network. Marco Meulepas is tax managing partner; Nicola Broggi specialises in private equity and M&A; and Dario Sencar assists with transfer pricing, and international and European taxation. Giulio Andreani is a renowned of counsel.
Practice head(s):
Marco Meulepas
Other key lawyers:
Nicola Broggi; Dario Sencar; Giulio Andreani; Michele Lenotti; Claudio Valz; Alessandro Catona; Marco Lio; Luca Lavazza
Key clients
Unicredit
BPER Banca
Carige
Vodafone Italia
Etro
Enel
Assicurazioni Generali
Atlantia
Barilla
Intesa Sanpaolo
Generali Group
Tod’s
Technoprobe
SIT
Alitalia Linee Aeree
Alitalia Servizi
Scarpe&Scarpe
Automobiles Citroen
Ali Group
Withers Studio Legale
Operating from Milan and Padua, Withers Studio Legale acts for entrepreneurs, high-net-worth individuals and family offices on tax issues. Giulia Cipollini is a go-to practitioner for art and fashion industry clients, while corporate tax head Stefano Grilli is a 2021 hire from Gianni & Origoni. Roberto Bonomi was elevated to partner during 2022.
Practice head(s):
Giulia Cipollini
Other key lawyers:
Stefano Grilli; Roberto Bonomi; Filippo Molinari; Marco Busia; Giuseppe Francesco Patti
Testimonials
‘1000% committed to clients.‘
‘Always approachable and good-humoured. The team spirit is super-high, which makes it a pleasure working with Withers’ tax practice.‘
‘Its worldwide network is very efficient and one office can easily mobilise others in a few hours. Billing is also very transparent.‘
‘Strong competences, with a client-oriented approach and flexibility.‘
‘Competence and international footprint.‘
‘Solutions that are out of the box.‘
‘Giulia Cipollini and Roberto Bonomi have consistently delivered a first-class service.‘
Key clients
Unicredit
Ital Gas Storage
Mondadori Media
Atalanta Bergamasca Calcio
Umana Group
Oakley Capital
Borsalino
Work highlights
- Providing ongoing advice to Unicredit on the tax issues surrounding its domestic and international transactions, and how they impact on its tax returns.
- Advised Oakley Capital on setting up its Italian presence.
- Assisted Borsalino with the tax aspects of its internationalisation process in the US, as well as the opening of a beach club in Forte dei Marmi.
AC Avvocati e Commercialisti
AC Avvocati e Commercialisti‘s ‘excellent‘ practice covers tax compliance, tax due diligence, tax disputes, and national and international tax planning. The tax group is co-led by managing partner Angelo Carlo Colombo; the ‘highly trained and meticulous‘ Marilena Biella; experienced tax practitioner Luca Nicoletti; and the ‘very knowledgeable‘ Roberto Rizzuto.
Practice head(s):
Angelo Carlo Colombo; Marilena Biella; Luca Nicoletti; Roberto Rizzuto
Testimonials
‘Great attention to clients, along with knowledge and skills from excellent professionals – these are the elements that characterise the firm.‘
‘The firm offers personalised and high-quality legal and tax assistance, as well as chartered accountant services.‘
‘Supports clients in their most important choices and provides concrete answers. The team of professionals is close knit, and always helps clients achieve their goals through technical preparation and practical experience.‘
‘During close collaborations there is a good working atmosphere, great cohesion and unity of purpose – an excellent firm.‘
‘Competence and dedication.‘
‘Angelo Carlo Colombo’s team is full of energy and experience, and it devotes a lot of time to clients while helping with complex challenges.‘
‘Angelo Carlo Colombo is recognised as a professional with a remarkable technical background and entrepreneurial spirit, as well as a strong sense of humour that allows for a more attuned working relationship with clients and counterparts.‘
‘Marilena Biella is a highly trained and meticulous professional, who stands out for her strong practical sense.‘
Key clients
Eurogeo
Pariter Group
Be Easy
EIT Manufacturing South
Gruppo Sae
Mondomoto
Yahon360
Artemide Group
Auto1 Group
Balconi Pressecentriche
Enza Zaden Group
Fondazione Politecnico di Milano
Gilardoni
AB Plast
Bocchiotti
Hager Bocchiotti
Hager Italia Partecipazioni
Hager Lumetal
Herholdt Controls
Silam-Plast
Polihub
Same SDF
SBB Cargo Italia
Valdani Vicari & Associati
Valentino
Van Drie Group Italy
Zep Europe
Work highlights
- Advised Valentino on VAT and customs issues.
- Advised Same SDF on VAT issues.
- Acted for Balconi Pressecentriche in disputes over the deductibility of tax losses.
Andersen in Italy
Particularly active in the TMT, financial services, manufacturing, and real estate and hospitality sectors, Andersen in Italy acts on a range of tax matters. In a recent boost, the firm incorporated Turin-based Studio Palea. Maricla Pennesi is European and Italian tax coordinator, while Francesco Marconi is international tax division coordinator.
Practice head(s):
Maricla Pennesi
Other key lawyers:
Francesco Marconi; Paolo Trevisanato; Maurizio Ferrero; Ivan Gasco; Marcello Rabbia; Filippo Brass
Testimonials
‘Paolo Trevisanato is always available, client focused, and able to anticipate likely developments.‘
Key clients
FCA Bank
Foscarini
OMIS Group
Denver
Ecopack
Gruppo editoriale Mauri Spagnol
Messaggerie Italiane
Tubotec
Work highlights
- Advised FCA Bank on the tax side to its merger with its French subsidiary.
- Assisted OMIS Group with the international tax structuring of the incorporation of a subsidiary in India.
- Advised FCA Bank on the tax side to its merger with its Portuguese subsidiary.
FIVELEX Studio Legale e Tributario
Co-led by experienced partners Francesco Mantegazza, Fabio Oneglia and Gianluca Pozzi, FIVELEX Studio Legale e Tributario’s practice advises on the tax aspects of business reorganisations, and M&A and private equity deals. It also assists with VAT, financial transactions, private client matters, litigation, and corporate, group and real estate taxation.
Practice head(s):
Francesco Mantegazza; Fabio Oneglia; Gianluca Pozzi
Testimonials
‘Fivelex is a very solid team to work with – technically and commercially prepared.‘
‘A value-added approach to tax, fiscal and structuring issues.‘
‘Its most significant strengths are competence and the ability to focus on the problem.‘
‘Francesco Mantegazza is an exceptional expert in real estate taxation, as well as being very strong on commercial issues and negotiations.‘
‘Francesco Mantegazza is an outstanding professional who finds intelligent, tailor-made solutions for the client.‘
‘Francesco Mantegazza is always 100% committed to the client.‘
‘Fabio Oneglia is appreciated for his knowledge of tax matters, and the ability to understand problems quickly – he takes action quickly, gives opinions in a pragmatic style, and is attentive to the practical consequences.‘
Key clients
AEW
Azimut Libera Impresa SGR
Bain Capital Credit
Barings
BNP Paribas
Carval Investors
Castello SGR
Crescendo
DeA Capital
HIG
Invesco
IVS
JP Morgan Asset Management
Kervis SGR
Kryalos SGR
LCN Capital Partners
Primonial REIM
Reale Immobili
Savills IM SGR
Tamburi Investment Partners – TIP
Work highlights
- Assisted JP Morgan with the tax side to the acquisition of a portfolio of properties in Milan.
- Assisted a fund advised by JP Morgan Asset Management with the tax side to the sale of all the units in Sericon Investment Fund – Reserved Alternative Real Estate Investment Fund.
- Assisted the Next Estate Income Fund III, managed by BNP Paribas REIM Luxembourg, with the tax issues surrounding the acquisition of a historic property in Milan.
K&L Gates
Key areas for K&L Gates’ tax practice include the tax issues surrounding alternative investment and real estate funds, along with private equity and M&A deals. Tax head Vittorio Salvadori di Wiesenhoff handles tax matters for domestic and international clients, including credit institutions, alternative investment fund managers and real estate investors.
Practice head(s):
Vittorio Salvadori di Wiesenhoff
Other key lawyers:
Giovanni Meschia
Testimonials
‘Very useful, timely and careful support.‘
‘Knowledge and ability to explain matters, and resolve issues.‘
‘The team takes a pragmatic approach that benefits all parties involved, in addition to being highly competent. Easy communication and quick understanding of corporate situations.‘
‘Vittorio Salvadori di Wiesenhoff analyses tax issues in a very thorough way, but always with a practical, problem-solving approach.‘
‘What clients particularly appreciate about Vittorio Salvadori di Wiesenhoff is his practical skills, namely his ability to provide an operational solution even when the regulatory context is highly uncertain.‘
‘Vittorio Salvadori di Wiesenhoff gives valuable advice and is experienced in the tax issues surrounding investment funds.‘
‘Vittorio Salvadori di Wiesenhoff has always been very responsive, quick to understand client needs, and precise in his solutions.‘
‘Vittorio Salvadori di Wiesenhoff is a well-trained professional, with a good level of problem-solving ability, and is always helpful.‘
Key clients
DeA Capital Real Estate SGR
Barings Real Estate Advisors Europe
Indotek Financing Kft
Bank of America
D-Orbit
Crea.Re Group
Green Arrow Capital SGR
The Techshop SGR
Savills Investment Management SGR
Endeavor
United Ventures SGR
Macquarie Capital (Europe)
Anima Alternative SGR
Cromwell Property Group
Work highlights
- Assisted D-Orbit with the structuring and implementation of its business combination with Breeze Holdings Acquisition Corp.
- Assisted Cromwell Property Group with the purchase, from Polis Fondi and other sellers, of an industrial and logistics portfolio in northern Italy.
- Assisted Kairos Partners SGR with the structuring and launch of Kairos Ventures ESG One.
LCA Studio Legale
LCA Studio Legale covers corporate taxation, the tax aspects of extraordinary transactions and tax litigation. The team also advises on VAT, private client-related taxation, patent box procedures, and customs duties. Roberto Pellizzari is ‘an outstanding tax law expert‘, while former BonelliErede managing associate Gianmarco Tortora is a recent partner hire.
Practice head(s):
Roberto Pellizzari
Other key lawyers:
Gianmarco Tortora; Thomas Yang; Matteo Esposito
Testimonials
‘The team is very dynamic, really follows up on matters, and is always ahead of schedule.‘
‘The team always tries to solve complex issues and adapt to clients’ needs.‘
‘Great preparation, prompt responses, empathy and availability.‘
‘A very dedicated and competent team that has good project management skills and a good understanding of clients’ needs.‘
‘Outstanding knowledge of tax and finance law.‘
‘Roberto Pellizzari is always available to answer clients’ queries and direct them to the best specialist in the team.‘
‘Roberto Pellizzari is an outstanding tax law expert, understands the needs of clients, and is proactive.‘
Key clients
Genoa Cricket & Football Club
LionRock Capital
Casinò de la Vallée
777 Partners
Casa del Caffè Vergnano
Euromobiliare SIM
Smemoranda Group
Bizzi & Partners
Trillium Flow Technologies
Minton Investment Management
Ghial S.p.A.
Groupe EPI
Work highlights
- Assisted Miami-based 777 Partners with the acquisition of Genoa football club.
- Assisted French group EPI with the tax planning of the acquisition of iconic Chianti Classico estate Isole & Olena.
- Advised CDP Venture Capital on the tax side of a joint venture with other co-investors to create a start-up accelerator.
LDP Tax & Law
LDP Tax & Law houses experts in international tax advice, tax compliance, transfer pricing, and tax litigation. The team also acts on the tax side of M&A, corporate finance, private equity, and restructuring and insolvency matters. The practice is jointly headed by tax specialists Giuseppe La Naia and Monica Di Oronzo.
Practice head(s):
Giuseppe La Naia; Monica Di Oronzo
Other key lawyers:
Raffaele Caso; Fabio Galliani; Valeria Tempesti
Key clients
Pepco Italy
Newsana
Medis Medical Imaging Systems
Advance Medical Imaging Development
IDT-Systems
Rossow Group
Eurowind Energy
Richard Mille
Enervitabio Santa Reparata Società Agricola
Piksel
Petronas
Tarkett
Brunel International
ADP Italy
Docebo
World International School
Auto Export Corporation
Health Data Specialists
LED Taxand Studio Legale Tributario
The Italian member of global organisation Taxand, LED Taxand Studio Legale Tributario covers both direct and indirect taxation, while being increasingly active in international taxation and M&A matters. The tax practice is co-led by Alfredo Fossati, Guido Arie Petraroli and Jean-Paul Baroni, along with Stefano Bognandi, Carlo Polito and Francesco Cardone.
Practice head(s):
Alfredo Fossati; Guido Arie Petraroli; Jean-Paul Baroni; Stefano Bognandi; Carlo Polito; Francesco Cardone
Testimonials
‘The team is professional, skilled, accountable and trustworthy.‘
‘It always delivers on time and never promises what it cannot provide. It really is a very good partner for the client’s business.‘
‘A very strong tax practice.‘
Key clients
Henderson Park
Bayview
Clayton, Dubilier & Rice
Hines
Coima
Genetic Spa
Klepierre
Ritrama
Groupe Atlantic
Work highlights
- Acted for six US investment funds in Supreme Court cases which concerned dividends paid to securities funds (resident in the US between 2007 and 2010) by companies that were resident in Italy.
- Assisted Henderson Park with the acquisition of real estate assets in Milan.
- Assisted Worldline with the tax due diligence for the acquisition of 80% of Axepta Italy from BNL.
Morri Rossetti e Associati
Morri Rossetti e Associati‘s practice advises on the tax side of corporate and real estate transactions, equity sales and acquisitions, and company reorganisations. Recent highlights also include assisting with international taxation and food sector matters. The team is co-headed by Davide Attilio Rossetti, Daniela Pasquarelli and Fabrizio Gaetano Pacchiarotti.
Practice head(s):
Davide Attilio Rossetti; Daniela Pasquarelli; Fabrizio Gaetano Pacchiarotti
Other key lawyers:
Mario Tommaso Buzzelli; Francesco Nicolosi
Testimonials
‘Highly qualified tax advisory team for both local and international tax issues.‘
‘Very high levels of professionalism and the ability to understand clients’ core businesses through resources and advanced technical tools that make them particularly effective.‘
‘Professionalism, punctuality and effectiveness are the critical factors for the success of the practitioners of this firm.‘
Key clients
Kruk Italia
Pudel
Data 4 Italy
C S I – FINDUS
Intellera Consulting
Unilever
Work highlights
- Assisted Data 4 with the acquisition by Nabucco of a large real estate complex.
- Assisting Kruk Group shareholdings with joining the VAT group regime.
- Assisted Unilever with a tax dispute concerning the acquisition of the Sanex business by Sara Lee.
Pavia e Ansaldo
In April 2022, Pavia e Ansaldo hired Roberto Iaia as tax litigation head from Studio Legale Tributario Francesco Moschetti. The practice is co-led by M&A and international taxation specialist Marco Jannon, who also advises on the tax side of energy matters, and Giuseppe Alessandro Galeano, an expert in M&A-related tax issues.
Practice head(s):
Marco Jannon, Giuseppe Galeano
Other key lawyers:
Teodoro Malquori; Mario Nunziata; Francesca Marchiori; Niccolò Poggio
Testimonials
‘Really excellent due to its intelligence and accuracy.‘
‘A very competent team.‘
‘Giuseppe Galeano is one of the most appreciated tax advisers in the Italian private equity industry.‘
‘A special mention for Roberto Iaia for his availability and skillset.‘
Key clients
Enovos
Contourglobal
Stirling Square Capital Partners Italy
Tüv Rheinland Italia
SUSI Partners
Obton
Asaro Matteo-Cosimo-Vincenzo
Christie’s International SA Filiale Italiana
ENPAM – Ente Nazionale di Previdenza ed Assistenza dei Medici e degli Odontoiatri
Fondoposte – Fondo Nazionale di Pensione Complementare per il Personale di Poste Italiane
McKinsey & Company Inc. Italia
Ogury Italy
Asahi Intecc
Stena Line
Montrasio Italia
Valvitalia
Berlin Packaging Italy
Premi
LB Officine Meccaniche
Contact Lab
Clean City
Refeel New Energy
Drillmec
Exyte Italia
Ultivue EMEA
Demetrica
Work highlights
- Advised a sustainable energy investor on the tax side to a large Italian solar PV project.
- Advised on the tax aspects of an Italian green loan project, including the refinancing of a portfolio of 24 solar photovoltaic plants.
- Advised a power generation business on the tax aspects of the closing of an Italian green loan project.
Simmons & Simmons
Headed by experienced tax practitioner Marco Palanca, Simmons & Simmons’ Italy team advises on the tax aspects of financial deals, M&A and business restructurings, real estate transactions, and transfer pricing and permanent establishment issues. It also assists with pre-tax litigation settlements, tax litigation and tax rulings, including international advance pricing agreements.
Practice head(s):
Marco Palanca
Other key lawyers:
Davide Pellegrini
Key clients
21 Invest
Arcmont Asset Management
Banco BPM
Chartehouse Capital Partners
Eni Plenitude
Janus Henderson Horizon Fund
Muzinich & Co
Openjobmetis
PineBridge Benson Elliot
Helix Sweden
HCHK Technologies
Mediobanca
Three Hills Capital Partners
Tikehau Capital Management
Viola Credit Alternative Lending Management
Witor’s
BFNY
Leadcrest
Studio Tributario Tognolo
New areas of focus for Studio Tributario Tognolo include tax control frameworks, cooperative compliance programmes, and the tax structuring of group treasury departments. Practice head Paolo Tognolo advises Italian and foreign multinational groups on domestic and international tax matters, while Francesco Spurio is a transfer pricing and international taxation expert.
Practice head(s):
Paolo Tognolo
Other key lawyers:
Francesco Spurio
Testimonials
‘Great for the expertise, fairness and availability of the firm’s professionals.‘
‘Appreciated for its speedy answers and continuous involvement in the problems faced by clients, rather than just pre-packaged solutions.‘
‘What distinguishes the service provided by Studio Tognolo is the extremely high level of attention to clients’ needs through providing constant updates on developments and how these affect the client.‘
Key clients
Pirelli Group
Caterpillar Italy
Volvo Group
TAL Group
Dolce & Gabbana Group
Bolton Group
Pearson Italy
DiaSorin Group
Prometeon Group
Iveco Group
Work highlights
- Assisted Pirelli with four advance transfer pricing agreements.
- Assisted Dolce & Gabbana Trademarks during negotiations with the Italian tax authorities for an Italian Patent Box regime-related agreement.
- Assisted Prometeon Group with its negotiation with the Italian tax authorities of a unilateral advance pricing agreement.
AndPartners Tax and Law Firm
Operating from both Milan and Rome, AndPartners Tax and Law Firm‘s practice focuses on the tax side of energy, real estate, M&A and finance matters. Experienced tax specialists Pietro Bracco, Daniela Delfrate and Luca Di Nunzio co-lead the group, which also features international and EU taxation expert Luca Romanelli.
Practice head(s):
Pietro Bracco; Daniela Delfrate; Luca Di Nunzio
Other key lawyers:
Luca Romanelli; Stefano Versino; Giulia Giacchetti
Key clients
Engie Italia
Polynt
Intesa Sanpaolo
Sorgenia
Axpo Italia
Umbria Energy
Dolomiti Energia
CVA Energie
Azienda Energia e Gas Soc Coop
Cre Consorzio per le Risorse Energetiche
Eco Energia Corrente
Vivigas
Zurich Holding Company
Work highlights
- Acted for Engie Italia in tax litigation involving excise duties.
- Assisted Intesa Sanpaolo on the tax aspects of a loan facility granted to Blue SGR.
- Assisted Polynt with an intra-group merger.
Ashurst
Ashurst’s Italian tax team acts for Italian and international insurance companies, banks and investment funds on direct and indirect taxation, corporate and financing transactions, and tax disputes. It also has notable real estate and energy sector expertise. Italian tax leader Michele Milanese is a financial and corporate taxation specialist.
Practice head(s):
Michele Milanese
Key clients
Banco BPM
Intesa Sanpaolo
Allianz
Generali Investments Partners
Pricoa
Foresight Group
Société Générale
LBO France Gestion SAS
Società Cattolica di Assicurazione
Work highlights
- Advised Intesa Sanpaolo on the refinancing of energy-efficiency projects (through LBO platform VITA Superbonus).
- Advised Generali Investments Partners on the establishment of a new Spanish branch.
- Advised Allianz Global Investors (as lender) on the financing of the acquisition by a vehicle (owned by Sixth Street) of 49% of the share capital of EniPower.
Bird & Bird
Part of the firm’s international tax offering, Bird & Bird’s Italian group assists individuals, along with private companies and their owners, with a range of tax matters, including planning, compliance and litigation. The team is headed by tax specialist Gaetano Salvioli, while senior counsel Giuliana Polacco acts in tax disputes.
Practice head(s):
Gaetano Salvioli
Other key lawyers:
Giuliana Polacco
Testimonials
‘Great availability, technical competence, and the team takes care of client relationships.‘
‘Ability to anticipate needs and offer solutions.‘
‘Very proactive and client oriented, and the team is always up to date on the latest tax information.‘
‘The team understands commercial issues and is very competent.‘
‘The team has been very proactive in relation to finding solutions and is always very involved, informing clients quickly and clearly about the process’ different steps.‘
‘Solid knowledge of the subject, and shows a willingness to ensure clients understand processes that are different because they are in another country.‘
‘Giuliana Polacco is great for her quick responses, constant provision of information, professionalism and availability.‘
Cicala Riccioni & Partners
Boutique law firm Cicala Riccioni & Partners specialises in disputes with tax authorities, from the administrative phases to trials before tax commissions, as well as before Italy’s Supreme Court. The team, led by Rome-based partners Alessandro Riccioni and Carlo Cicala, covers debt-side work for companies, along with cryptocurrency and crypto asset-related taxation.
Practice head(s):
Alessandro Riccioni; Carlo Cicala
Other key lawyers:
Francesco Trivieri; Silvia Rocchi
Testimonials
‘Very good balance between price and value with high levels of technological and organisational skills.‘
‘Able to deliver various legal products efficiently with a diverse team that can support any client need.‘
‘Highly organised with super-lean communication.‘
Key clients
Antonio Merloni S.p.a
Euro Service
Consorzio Laziale Rifiuti
Top Network
San Raffaele
Cargest
Olympus Società Cooperativa di Lavoro
HBG ArcadesGaming
Fraver
Finanziaria Tosinvest
Consorzio AIC
Natuna
Work highlights
- Represented Euro Service and Global Contact, which were charged with tax fraud, before the Italian tax authority.
- Represented Cargest – Centro Agroalimentare Roma in a tax dispute over the correct treatment of excise duties on electricity within an industrial centre.
- Represented Consorzio Laziale Rifiuti in a tax dispute over the deductibility for tax purposes of costs incurred by commercial activity.
Giordano-Merolle Studio Legale Tributario
Giordano-Merolle Studio Legale Tributario‘s Rome-based ‘team of bright lawyers‘ is co-led by Vittorio Giordano, whose track record includes representing taxpayers in tax and state aid issues, and Andrea Merolle, who has substantial experience in trials before the Italian tax courts, and advising on tax planning for companies, high-net-worth individuals and trusts.
Practice head(s):
Vittorio Giordano; Andrea Merolle
Other key lawyers:
Martina Bettarini
Testimonials
‘Very high-quality legal work and perfect knowledge of tax law and all its aspects.‘
‘A team of bright lawyers with whom it is a pleasure to work. Excellent credibility and reliability.‘
‘Ability to listen to the client, fully grasping the objectives assigned, along with the ability to investigate even extremely technical subjects.‘
‘Smart and solutions oriented.‘
‘Andrea Merolle stands out for his technical capabilities and attitude to innovation.‘
‘Vittorio Giordano is very wise and clear when explaining difficult concepts.‘
‘Vittorio Giordano and Andrea Merolle are both outstanding from a personal and professional point of view.‘
‘Both Vittorio Giordano and Andrea Merolle set themselves aside from competitors for their acumen and collaborative approach to clients and peers.‘
Key clients
Findomestic Banca
Unicredit
Banca Nazionale del Lavoro
BNP Paribas
ENPAP – Ente Nazionale di Previdenza ed Assistenza per gli Psicologi
L Campus
Cardif Assurance Vie
Cardif Assurances Risques Divers
Consorzio RFX
Saint Camillus Internation University of Health Sciences
Italo Calvino Estate
Work highlights
- Advised Consorzio RFX on the VAT treatment of a grant obtained in relation to research projects.
- Acted for Unicredit in various disputes before the tax courts and Supreme Court over the reimbursement of miscellaneous tax credits.
- Acted for Banca Nazionale del Lavoro before the tax court in a case in relation to real estate taxes.
Giovannelli e Associati Studio Legale
Led by the experienced Eugenio Romita, Giovannelli e Associati Studio Legale regularly acts for investment funds, and financial and industrial enterprises, on direct and indirect tax matters. It also assists with tax issues involving high-net-worth individuals, families and international sportspersons, and is particularly focused on tax litigation and pre-litigation work.
Practice head(s):
Eugenio Romita
Other key lawyers:
Giorgio Vaselli
Key clients
ABC Farmaceutici
Amber Capital
Ardian
Banca Galileo
Benvic Europe
CMT Utensili Group
Equita Capital
Genextra
Green Stone SICAF
Immobiliare.it
Iniziative Milano Ovest
Investindustrial
Italian Wine Brands
Mediobanca Group
Mezzanove Capital
Objectway Group
Permasteelisa
Profilmec Group
Riello Investimenti Partners
Gitti and Partners
In addition to focusing on fiscal planning, Gitti and Partners’ practice advises on the tax aspects of M&A, private equity and real estate transactions, corporate reorganisations, debt restructuring, investment funds, and financings. It also assists with litigation. The team is co-led by experienced partners Diego De Francesco and Marco Ettorre.
Practice head(s):
Diego De Francesco; Marco Ettorre
Other key lawyers:
Gianluigi Strambi; Paolo Ferrandi
Key clients
ARDIAN
Principia SGR
Mandarin
Dea Capital
Nuo Capital
Aksia SGR