Based in Milan, the Ashurst tax practice specialises in tax litigation, taxation of transactions and general strategic tax advisory. Specifically detailing M&A, capital markets, financing projects and real estate tax, the practice assists clients from various industries such as infrastructure, banking and finance, real estate, health, and energy. Michele Milanese, heads the tax practice and brings a wealth of expertise in financial and corporate taxation.
Legal 500 Editorial commentary

Accolades

Client satisfaction: Lawyer & team quality

Testimonials

Collated independently by Legal 500 research team.

  • ‘Supportive, attentive, professional. Truly outstanding in their respective fields.’
  • ‘Michele Milanese is the most accessible managing partner ever. No ego, just humility, talent, and hard work.’
  • ‘Great worldwide presence.’
  • ‘Alexander is a great lawyer.’
  • ‘Ashurst Italy stands out for its ability to combine international quality standards with a deep understanding of the Italian legal and regulatory environment. The tax team is particularly strong in cross-border M&A, banking & finance, restructuring, and capital markets.'
  • ‘The lawyers at Ashurst Italy distinguish themselves by combining legal expertise, commercial acumen, and strong interpersonal skills. They are approachable, responsive, and committed to building long-term relationships with clients. Michele Milanese is particularly valued for strategic insight and negotiation skills.'

Key clients

  • Ares Management
  • Banco BPM
  • Consorzio Stabile SIS
  • Infranity
  • Verdalia Bioenergy
  • Garbe Italy and Intermediate Capital Group

Work highlights

Advised Ares Management Infrastructure Debt Funds on the tax aspects related to the financing of the acquisition of a 49% stake in 2i Aeroporti by Asterion Industrial Partners.
Advised Spanish Investment funds on reclaiming overpaid withholding taxes on Italian dividends.
Advised Grr Garbe Italy and Intermediate Capital Group (ICG) on the tax aspects of the acquisition of the entire shares of the alternative real estate investment fund "Retail Partnership".

Lawyers

Next Generation Partners

Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Practice head

Michele Milanese