Firm Profile > LUDOVICI PICCONE & PARTNERS > Milan, Italy

20121 MILAN

Tax Tier 1

LUDOVICI PICCONE & PARTNERS 'has excellent business knowledge, is client oriented and has deep understanding of complex matters'. The practice advises domestic and international clients on tax structuring matters, including asset protection strategies, private equity fund investments, insurance, financing and real estate; it also has  significant experience in trusts. Managing partner Paolo Ludovici and Andrea Prampolini are 'outstanding professionals who make the difference during highly complex tax matters', and Pietro Piccone Ferrarotti  and Andrea Iannaccone's 'level of success is outstanding'. Ludovici and Michele Aprile acted for Spaxs on the tax aspects of a €600m institutional placement and AIM Italy listing of the company’s ordinary shares. Loredana Conidi, Stefano Tellarini and Giammarco Cottani are also key contacts; Roberto Cusimano left to found his own firm.

The firm: L&P – Ludovici Piccone & Partners is an independent Italian tax law firm, providing integrated tax advice both in domestic and international transactions. Established in November 2014, the firm currently includes 30 professionals, and has offices in Milan, London, Rome and Vienna. The founder, Paolo Ludovici, is consistently ranked by the most reputed independent researchers as a leading tax professional. Pietro Piccone, the other brand name partner, is a leading tax litigator professional. Other partners are Michele Aprile, Loredana Conidi, Giammarco Cottani,  Luca Formica, Andrea Iannaccone, Andrea Prampolini and Stefano Tellarini, all professionals with many years of experience in both corporate and private client matters. The firm has a comprehensive tax practice, encompassing all domestic and cross-border tax matters. L&P supports companies and corporate groups with regular and ongoing tax advisory services regarding direct and indirect taxation and it is renowned for its expertise in finance and real estate transactions, as well as wealth advisory services for high-net-worth individuals. Professionals of the firm advise on complex M&A transactions, as well as other significant areas such as transfer pricing, tax litigation and VAT.

The firm’s clients are prominent corporations and financial institutions – including several listed companies and high-net-worth individuals in Italy and abroad.

Areas of practice: Corporate and group taxation: advice on corporate tax and group tax issues, including matters specific to IAS/IFRS adopters and banking, financial and insurance institutions; assistance on special tax regimes.

M&A and business restructuring: advice on the tax ramifications of domestic and cross-border group reorganisations, LBOs and MBOs, transfer of intellectual property and company migrations; and assistance in determining the optimum structure for international transactions.

Transfer pricing: advice to multinational enterprises on the selection of transfer pricing methodology, the drafting of transfer pricing documentation and the negotiation of advance pricing agreements with tax authorities; and assistance on tax optimisation of supply chain models.

International and EU tax law: advice on tax issues concerning international and EU law, particularly with regard to the application the double tax treaties, cross-border restructuring and income flows, and OCSE action plan on BEPS; and assistance before the European Court of Justice and the European Court of Human Rights.

Taxation of financial instruments and financial transactions: advice on the tax ramifications of equity and capital markets, structured finance, financing and securitisation transactions; and assistance to financial institutions and investment funds on the tax treatment of investments, asset management services and financial instruments.

Taxation of real estate: advice on the tax ramifications of residential and commercial real estate transactions and renewable energy businesses; and assistance to real estate funds and other institutional investors, as well as private and corporate clients, in structuring and reorganising real estate investments both in Italy and abroad.

Tax litigation: legal assistance and advice to taxpayers in refund procedures, tax audits and investigations, including extrajudicial tax disputes resolution; and legal assistance and expert advice on tax and penal matters, including tax litigation procedures before tax authorities, provincial and regional tax courts, higher courts and international courts.

High-net-wealth individuals, trusts and foundations: advice to high-net-wealth individuals on estate and succession planning, transfer of businesses, lifetime transfers, asset governance; and assistance to trusts and foundations as well as to charities and other non-profit entities.

Taxation of individuals: advice on transfers of tax residence to or from Italy; and assistance on the tax ramifications of the acquisition of residential property and other investments in Italy and abroad, including art work, aircraft and vessels.

Stock options and incentive plans: advice on the taxation of compensation packages for executives, including variable remuneration, fringe and welfare benefits; and assistance on the taxation of expatriates, including the tax implications of incentive plans, stock-based compensation, carried interest and co-investment structures.

VAT, customs and excise duties: advice on VAT issues in relation to both domestic and cross-border transactions; and assistance in dealing with customs and excise duties, and transfer pricing.

Department Name Email Telephone
Corporate and group taxation
M&A and business restructuring
Transfer pricing
International and EU tax
Taxation of financial instruments and financial transactions
Taxation of real estate
Tax litigation
High-net-wealth individuals, trusts and foundations
Taxation of individuals
Stock options and incentive plans
VAT, customs and excise duties
Photo Name Position Profile
 Michele Aprile  photo Michele Aprile
 Loredana Conidi  photo Loredana Conidi
 Luca Formica  photo Luca Formica
 Andrea Iannaccone  photo Andrea Iannaccone
Mr Paolo Ludovici photo Mr Paolo Ludovici
Avv Pietro Piccone Ferrarotti  photo Avv Pietro Piccone Ferrarotti
 Andrea Prampolini  photo Andrea Prampolini
Number of lawyers : 30
at this office : 26
AIFI (Italian Private Equity and Venture Capital Association)
AIPB (Italian Private Banking Association)
IFA (International Fiscal Association)
STEP (Society of Trust and Estate Practitioners)
Other offices : London
Other offices : Rome