Leading Partners

Firms To Watch: Tax

The tax team at Forvis Mazars is led from Milan by Giovanni Crenna, a longstanding adviser on the tax aspects of M&A and cross-border transactions. The practice was boosted in March 2024 through the recruitment of banking and M&A deal expert Raffaele Villa from Di Tanno Associati.
LawaL STA‘s tax practice is led by Antonio Micalizzi, a 2024 hire from Quorum; the Milan-based Micalizzi is a chartered accountant and auditor who acts for entrepreneurs and companies on extraordinary transactions, corporate restructuring and M&A, as well as tax litigation.
Led by Alessandro Dagnino in Palermo, LEXIA‘s tax practice covers tax debt management, tax advisory mandates, tax collection disputes, and tax litigation; the group also has notable betting and gaming sector expertise. Alessandro Borsetto is a key name in Milan.
Ughi E Nunziante enhanced its tax offering through the January 2024 recruitment of Milan-based Barbara Pizzoni from Macchi di Cellere Gangemi; Pizzoni specialises in the taxation of multinational corporations and funds, tax assessments, litigation, and private client matters, including labour taxation and estate planning.
The tax offering at WST is co-led from Milan by Giusi Lamicela and Giuseppe Zizzo, alongside Gaetano Pizzitola in Rome. Tax litigator Lamicela is head of tax and new business; Zizzo advises on corporate tax, company restructurings, tax audits and tax disputes; and Pizzitola has longstanding global taxation expertise.

Tax in Italy

BonelliErede

Acting for Italian and international blue-chip corporations, BonelliErede‘s group comprises experts in corporate tax, international taxation, transfer pricing, and private client work. Stefano Simontacchi focuses on international taxation, transfer pricing, tax planning and private client issues. Marco Adda specialises in transfer pricing, international taxation and international standard rulings; Stefano Brunello Dormal is ‘outstanding’; and Riccardo Ubaldini is an expert in international taxation, private clients, M&A, company reorganisations, and VAT. The next line of advisers features Francesco Saverio Scandone, whose practice covers international taxation, transfer pricing and disputes.

Responsables de la pratique:

Stefano Simontacchi


Autres avocats clés:

Marco Adda; Stefano Brunello Dormal; Riccardo Ubaldini; Francesco Saverio Scandone; Christoff Filippo Cordiali; Michele Dimonte; Francesco Parlatore, Giampaolo Genta


Les références

‘The tax team at BonelliErede demonstrates excellent technical skills and the ability to manage and lead extremely complex and unique deals – flexibility throughout the various stages of the transaction.’

‘The team members demonstrate high-level technical skills, as well as patience for the complexity and duration of transactions.’

‘Easy to work with this team, thanks to the trust and mutual respect that is established.’

Principaux clients

Bending Spoons


COIM


Banijay


FSI SGR


Palladio Holding


Progressio SGR


Paramount


Deutsche Lufthansa


L Catterton


Principaux dossiers


  • Advised a US multinational company operating in the digital field on a procedure addressed to foreign companies, which recognises the possibility that activities in Italy may constitute a permanent establishment.
  • Assisted Deutsche Lufthansa with the acquisition of a significant shareholding in ITA Airways.
  • Advised L Catterton on the acquisition of a majority stake in KIKO Milano.

Chiomenti

Recent activity for Chiomenti‘s tax practice includes major cross-border M&A deals. The group also has enviable financial sector expertise and its tax offering covers international fund and real estate structuring, reoganisations and implementing transactions in Italy, as well as audits, litigation and private clients. Raul-Angelo Papotti attracts client praise for his ‘outstanding abilities’; Massimo Antonini is a widely respected tax litigator; and Marco Di Siena is a tax and planning specialist. Other names to note are Paolo GiacomettiGiuseppe Andrea Giannantonio, Raffaele RussoAntonino Guida, Giuseppe ZorziGian Gualberto Morgigni and Elisabetta Costanza Pavesi.

Responsables de la pratique:

Raul-Angelo Papotti


Autres avocats clés:

Massimo Antonini; Marco Di Siena; Paolo Giacometti; Giuseppe Andrea Giannantonio; Raffaele Russo; Antonino Guida; Giuseppe Zorzi; Gian Gualberto Morgigni; Elisabetta Costanza Pavesi; Maurizio Fresca; Carlomaria Setti della Volta


Les références

‘Competence, preparation, precision, meticulousness, ethics, confidentiality, and a strong passion for law. Good and tailor-made tax advice – reliable and commercial.’

‘The professionals are very well prepared in tax matters and follow clients with dedication.’

‘No other law firm has ever managed to provide a level of competence equal to that provided by Chiomenti.’

Principaux clients

Abercrombie & Kent


AC Fiorentina


Accor


Allegra Versace


Alpha Private Equity Fund


Alphasigma


Angelo Gordon


Apollo Capital


Apollo Management


Ardian Real Estate


AS Roma


ASTM


Bain Capital


Banca Generali


Bank of America Merrill Lynch


Bental Greenoak Capital


Blackstone


Bluegem Capital Partners


BNL


Bridgepoint Capital


Capstone Management


Carrefour


Casavo


CBRE Global Investors


CDP (Cassa Depositi e Prestiti) Group


Cerberus Capital Management


Certares Management


Cinven


Coca Cola


Coudert Brothers Group


C-Quadrat Asset Management


Credit Suisse


Credito Fondiario


Dea Capital


Eisler Capital Group


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


Holmen Paper


HSBC


Huawei Technologies


Iliad Group


Intesa Sanpaolo


Investcorp


Investcorp Capital


Investindustrial Group


ITA Airways


Italcementi


Italmobiliare


JP Morgan Chase


Kering Group


KKR


Leyton


LifeBrain


Marathon Capital Partners


Marquard Capital Group


Mediacom Group


Millennium Capital


Monte Paschi di Siena


Morgan Stanley


Naval Group


Nomura


Olympus Group


OpCapita


Panakes


Paref Group


Pic Dare


Pipostrel Aircraft


Prelios


Saipem Group


Savills Investment Management


SEB Life


Simest


Sky Group


Textron Inc


Taula Capital


The Friedkin Group


Unicredit


UPM Finland


Principaux dossiers


  • Provided tax assistance to Kering in relation to a large-value real estate acquisition.
  • Assisted MediaForEurope with the tax aspects of a cross-border merger through the absorption of Mediaset España Comunicación into MFE – MediaForEurope.
  • Provided tax assistance to Heidelberg Cement in relation to a group reorganisation.

Facchini Rossi Michelutti Studio Legale Tributario

Facchini Rossi Michelutti Studio Legale Tributario‘s tax practice covers M&A, litigation, corporate taxation, VAT and international tax. It is also experienced in financial instrument-related taxation, real estate tax, transfer pricing, Patent Box work, private clients and tax compliance. Francesco Facchini is a corporate tax specialist; Luca Rossi assists with the tax side of M&A transactions and Riccardo Michelutti is ‘a highly competent lawyer’. Other experienced advisers are Stefano MassarottoFrancesco CapittaGiacomo Ficai and Fabrizio Zecca. Renowned tax specialist Andrea Prampolini joined from Gatti Pavesi Bianchi Ludovici in early 2024.

Responsables de la pratique:

Francesco Facchini; Luca Rossi; Riccardo Michelutti


Autres avocats clés:

Stefano Massarotto; Francesco Capitta; Giacomo Ficai; Fabrizio Zecca; Andrea Prampolini


Les références

‘Great understanding of clients’ needs.’

’The team is deeply involved in contributing to tax updates and events.’

‘Strong focus. Speed of execution and quality work.’

Principaux clients

Ambienta SGR


Autostrade per l’Italia


Cerved Group


BC Partners


CVC Capital Partner


EQT Partners


ION Group


DeAgostini Group


Pirelli


Prelios


Shell


Principaux dossiers


  • Advised ION on the acquisition of the Prelios group.
  • Advised BC Funds on the sale of its stake in IMA.
  • Advised Italo-Nuovo Trasporto Viaggiatori on the tax implications of a financing granted by an international pool of banks.

Gatti Pavesi Bianchi Ludovici

In addition to its asset protection, private equity fund investment, charity financing and real estate expertise, Gatti Pavesi Bianchi Ludovici houses experts in trusts and transfer pricing. Paolo Ludovici and Loredana Conidi ‘provide effective and efficient solutions’; Pietro Piccone Ferrarotti assists with tax audits, pre-litigation, judicial settlements and defence-side work; and Michele Aprile specialises in corporate and group taxation, as well as the taxation of individuals, real estate, and financial instruments and transactions. The practice further showcases Andrea Iannaccone, Pietro Bricchetto, Domenico Rettura, Michele Bissoli, Daniel Canola and Roger Demoro.

Responsables de la pratique:

Paolo Ludovici


Autres avocats clés:

Loredana Conidi; Pietro Piccone Ferrarotti; Michele Aprile; Andrea Iannaccone; Pietro Bricchetto; Domenico Rettura; Michele Bissoli; Daniel Canola; Roger Demoro


Les références

‘They are truly international and a perfect hub for people who need legal administrative support in Italy. Super availability.’

‘A highly efficient law firm with deep knowledge of every aspect of tax law. They combine the delivery of top-tier professional services with competitive market prices.’

‘Strong 360° knowledge of tax regulations and the ability to connect the different risks and benefits. Strong ability to provide practical solutions without neglecting any negotiation aspects when third parties are involved.’

Principaux clients

ABB


Banco BPM


Coesia


Deutsche Beteiligungs


Edizione


Eni


Intesa SanPaolo


Luxottica


Nextalia


Pensinsula Capital


Prysmian


TIM


Reale Mutua


Principaux dossiers


  • Assisted TIM with the tax structuring of the sale to KKR of TIM’s fixed network assets.
  • Assisted Redo SGR with the tax structuring for the acquisition of a majority stake in Euromilano.
  • Advised Nextalia SGR on the launch of Nextalia Credit Opportunities, an alternative investment fund that is reserved for professional investors.

Gianni & Origoni

Gianni & Origoni‘s expertise encompasses the tax side of M&A, extraordinary transactions, financial products, real estate and structured finance. The team also covers litigation, transfer pricing, indirect taxes, private clients, wealth management, Patent Box work and tax-related criminal issues. Taxation specialist Fabio Chiarenza heads the group, which also comprises tax and corporate expert Luciano Acciari and the ‘extremely brilliantMario D’Avossa. Other key figures are Luciano Bonito Oliva, Francesca Staffieri, Marco Frulio and Riccardo Vaccaro. In January 2024, tax structuring specialist Luca dal Cerro and crisis taxation practitioner Giulio Andreani were hired from Legance - Avvocati Associati and PwC TLS Avvocati e Commercialisti, respectively.

Responsables de la pratique:

Fabio Chiarenza


Autres avocats clés:

Luciano Acciari; Mario D’Avossa; Luciano Bonito Oliva; Francesca Staffieri; Marco Frulio; Riccardo Vaccaro; Luca dal Cerro; Giulio Andreani


Les références

‘The team’s answers are always clear and timely. The GOP tax team represents the best tax group of advisers in the Italian market. Their ability to provide prompt, straight-to-the-point advice places them ahead of other firms.’

‘Excellent client service, and the ability to develop highly-customised solutions and handle extremely complex issues.’

‘Proactive approach and the ability to predict regulatory developments – multidisciplinary and international expertise. Skilled negotiators in relation to the tax authorities.’

Principaux clients

Gruppo Generali


Synergie


KKR


Goldman Sachs


Ferrovie dello Stato


Lottomatica Group (Apollo)


ENEL


Leonardo Group


Saras


Saipem


Recordati Group


De Nora Group


Vodafone Italia


FCA Bank


Cardif Vita


Italia Trasporto Aereo


Safilo


Sixth Street Capital


Fortress Investment Group


Starwood Capital


Allianz Capital Partners


Principaux dossiers


  • Provided tax advice to Liberty Media Corp in relation to the €4.2bn acquisition of 86% of Dorna Sports from Bridgepoint and Canada Pension Plan Investment Board.
  • Provided tax advice to the Ministry of Economy and Finance and ITA Airways in relation to a competitive procedure concerning the sale of its controlling stake in ITA Airways.
  • Provided tax advice to a pool of national and international lending banks, with BNP Paribas Italian Branch, as (inter alia) agent, structuring bank, SACE agent and ESG coordinator, in relation to a sustainability/ESG term loan facility for €800m (granted to Fincantieri).

Legance - Avvocati Associati

In addition to tax-related M&A, banking, project finance, infrastructure and real estate matters, Legance - Avvocati Associati’s tax practice is mandated for tax advisory work, transfer pricing and tax disputes. Andrea Silvestri is ‘an eminent tax practitioner’; Claudia Gregori‘s taxation practice encompasses M&A, real estate and corporate, project and structured finance; and Marco Graziani assists with M&A, private equity, financing, restructuring and real estate deals. The practice also showcases Matteo Fanni and Giulio Mazzotti, as well as Riccardo PetrelliPaolo Ronca and Luigi Scordo. Francesco Di Bari left the firm.

Responsables de la pratique:

Matteo Fanni; Marco Graziani; Claudia Gregori; Giulio Mazzotti; Andrea Silvestri


Autres avocats clés:

Riccardo Petrelli; Paolo Ronca; Luigi Scordo


Les références

‘The Legance tax team is complete and very knowledgeable – always able to assist with any tax need with promptness, elasticity, and the ability to delve into extremely complex issues quickly.’

‘Able to jump quickly from tax planning to specific sectoral tax aspects, as well as to the repercussions of potential litigation, with a proactive approach.’

‘Undoubtedly above the average of the top tax teams. They are also ingenious and efficient when teaming up strategic consultants from other fields of business to assist large groups, by providing valuable advice even for very complex multi-practice projects.’

Principaux clients

ACEA


Ariston


AXA Insurance Group


Bregal


Bulgari


Carraro


CBRE Global Investors


Chequers Capital


Enel


F2i


FibreConnect


FIEE


ICG


INGBank


Intesa Sanpaolo


Italiana Petroli


Lombard Odier


LVMH


Maire Tecnimont


Marguerite


Mundys


Partners Group


Quadrivio Group


Redaptive


Saras


Saudi Aramco


Seven2


Sorgenia


Snam


Unicredit


Maisto e Associati

A go-to firm for cross-border transactions, tax disputes and transfer pricing issues, Maisto e Associati's tax department is headed by the 'outstanding' Guglielmo Maisto. Other highly-regarded figures are Marco Cerrato, an expert in domestic, European and international tax controversies, and Marco Valdonio, whose practice includes transfer pricing and international taxation. The group further comprises international taxation and transfer pricing specialist Aurelio Massimiano and Cesare Silvani, who is ‘appreciated for his technical skills’.

Responsables de la pratique:

Guglielmo Maisto


Autres avocats clés:

Marco Cerrato; Marco Valdonio; Aurelio Massimiano; Cesare Silvani


Les références

‘Exceptional professionalism, deep knowledge of stakeholders and of the sector, proactive approach, particular care of clients’ needs, and readiness to propose solutions.’

‘Great knowledge of clients, exceptional professionalism and proactive approach.’

‘Maisto e Associati is one of the most appreciated tax practices around.’

Principaux clients

Angelini


Mundys (formely Atlantia)


Barilla


Bayer


COIMA


Comau


DHL


Ferrari


Fincantieri


Golden Goose


Kedrion


ITA Airways


McDonalds


Mediolanum


Permira


Gruppo Florence


SAES Group


SGG Holding


Sky Italia


Stellantis


UniCredit


Principaux dossiers


  • Assisting the Barilla group with a comprehensive cross-border group reorganisation project.
  • Assisted Fincantieri in relation to a share capital increase for a maximum amount of €400m.
  • Assisted the investors in Gruppo La Piadineria (Permira and DeA Capital) with the tax aspects of the sale of all its share capital to private equity fund CVC.

Tremonti Romagnoli Piccardi E Associati

Tremonti Romagnoli Piccardi E Associati’s tax practice was recently active in high-value corporate transactions, significant tax disputes and transfer pricing cases. Lorenzo Piccardi is an expert in international taxation and transfer pricing, as well as corporate, M&A, banking, finance and capital markets taxation; Cristiano Caumont Caimi has ‘deep knowledge of Italian tax law’; and Giancarlo Zoppini‘s track record includes defence-side Italian Supreme Court cases. The practice also features Marcello Valenti, Laura GualtieriFabrizio Colombo, Antonio VitaliSimone ZucchettiStefania TrezziniLaura Puddu, Fabrizio Cancelliere, and Anna Maria Gulino.

Responsables de la pratique:

Lorenzo Piccardi


Autres avocats clés:

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; Giulio Tombesi; Niccolò Masotti


Les références

‘Very strong technical knowledge and very acute views on tax litigation strategies. Knowledge, availability and great problem-solving skills.’

‘Together with the partners’ friendliness and thorough knowledge of the law, the firm’s openness to adopting unusual pricing arrangements, in order to accommodate clients’ needs, is much appreciated and only occasionally seen in other firms in Italy or worldwide.’

‘Very professional, accurate, and timely responses. ’

Principaux clients

2i Rete Gas


A2A


AgosDucato


Angel Capital Management


Aquileia Capital Services


Autostrade per l’Italia


Brioschi Sviluppo Immobiliare


CAMFIN


CDP Equity


Credito Emiliano


doBank


Eurostazioni


F2i SGR


Gamenet


GE Italia Holding


Goldman Sachs International


GVM Real Estate


Intesa Sanpaolo


Lazard Italy


Musixmatch


Nextalia


Qatar Holding


SIA


Sinterama


TopNetwork


Trevi – Finanziaria Industriale


TUS-Holding Co


Unicredit Group


Unipol Gruppo


Valetudo


Principaux dossiers


  • Advised Longmarch Holding on an operation that enabled individual shareholders, Camfin Alternative Assets, Longmarch Holding and Longmarch Holding Hong Kong to increase their stake in Pirelli & C.
  • Advised Industria Macchine Automatiche (IMA) on vendor due diligence for an investment in IMA by certain funds.
  • Advised Intesa Sanpaolo Vita on the potential Italian tax implications of a cross-border incorporation.

Studio Professionale Associato a Baker & McKenzie

The tax group at Studio Professionale Associato a Baker & McKenzie is experienced in the taxation of cross-border deals, tax disputes, VAT, transfer pricing and tax risk management strategies. The practice is co-led by domestic and international taxation specialist Francesco Pisciotta and Michele Santocchini, who ‘has a deep understanding of clients’ issues’. Other key practitioners are highly regarded tax litigator Barbara Faini, who has particular expertise in private banking and employee benefits; Pamela Floriani, an adviser on domestic and international VAT issues; and tax structuring, corporate reorganisation and M&A practitioner Davide Chiesa.

Responsables de la pratique:

Francesco Pisciotta; Michele Santocchini


Autres avocats clés:

Barbara Faini; Pamela Floriani; Davide Chiesa; Federico Franconi; Giulia Trabattoni; Marzio Bucciol; Fernanda Trujillo-Garcia


Les références

‘Dedicated to clients – they make themselves available.’

‘Their advice is very thoughtful and considered, and does not feel rushed.’

‘Clients trust that the team is not trying to anticipate what they think will be the answer that they want to hear – they are not afraid to challenge, deliver bad news, or have robust conversations, even when clients disagree with them. Clients appreciate this greatly.’

Principaux clients

Nhoa Energy


Gruppo Statuto


Tiffany & Co


Principaux dossiers


  • Assisted a worldwide restaurant chain with a restructuring mandate.
  • Assisted Nhoa Energy with its worldwide expansion, with a particular focus on transfer pricing matters.
  • Assisted Gruppo Statuto with the acquisition of the Six Senses (a 96-room luxury hotel in Rome) from Orion Capital.

Clifford Chance

Clifford Chance‘s tax practice has an enviable reputation for its advice on the taxation of financial and financial instruments. It also covers M&A and real estate taxation, as well as tax disputes. Group head Carlo Galli advises on the tax side of M&A, capital markets and structured finance. Galli also covers international tax planning and tax litigation, while Sara Mancinelli specialises in real estate and capital markets taxation, along with tax litigation. Andrea Sgrilli and Roberto Ingrassia are other key figures.

Responsables de la pratique:

Carlo Galli


Autres avocats clés:

Sara Mancinelli; Andrea Sgrilli; Roberto Ingrassia


Les références

‘This team in one word – incredible. Go-to tax advisers in Italy and beyond.’

‘Clifford Chance’s tax practice excels in handling complex, cross-border tax issues, combining global reach with deep local expertise.’

‘The team is known for providing innovative, tax-efficient solutions in areas like M&A and structured finance.’

Principaux clients

Avis


Hertz


Klepierre


Cassa Depositi e Prestiti


Eni


Kryalos SGR


Principaux dossiers


  • Advised Klepierre on the tax side of a transaction concerning the ROMAEST shopping centre, which involved the acquisition of the entire interest, held indirectly by GIC Private Markets Pte, in an Italian property company.
  • Advised Kryalos (on behalf of the seller fund), on the tax aspects of the acquisition of the Bicocca Village in Milan.
  • Assisted a US investment bank with the transfer of financial leasing agreements.

CMS

CMS‘ Italy tax practice is experienced in corporate and direct taxation, VAT, international tax, transfer pricing and digital economy and fintech-related taxation. It also covers tax risk management, private client mandates and tax disputes. Giuseppe Ascoli advises clients from the property, energy, banking, publishing, automotive and insurance sectors; Giovanni Calì is a highly regarded tax and corporate expert; and Federico Raffaelli is a national and international tax law specialist. The next line of experienced practitioners includes Stefano Chirichigno, Beatrice FimianiStefano GiulianoCarlo GnettiMario MartinelliLuca Vincenzi and Vittoria Segre.

Responsables de la pratique:

Giovanni Calì; Federico Raffaelli


Autres avocats clés:

Giuseppe Ascoli; Stefano Chirichigno; Beatrice Fimiani; Stefano Giuliano; Carlo Gnetti; Mario Martinelli; Luca Vincenzi; Vittoria Segre; Gaetano Buffone; Luca Scibelli


Les références

‘The team has good technical knowledge of the tax issues in Italy.’

‘Very capable and skilled, able to manage complex cross-border tax matters effectively.’

‘Mario Martinelli follows a pragmatic and friendly approach when mitigating issues with the financial authorities. This and his excellent tax know-how is what clients appreciate most.’

Principaux clients

SPAC SA


DLA Piper

DLA Piper‘s recent tax mandates range from cross-border reorganisations, tax restructuring, M&A, audits, litigation and real estate-related taxation, to IPOs, structured finance, wealth planning, private client matters, tax control frameworks, VAT and transfer pricing. Tax specialist Christian Montinari leads the group, which includes Antonio Tomassini, who regularly acts in domestic and international investigations, settlements and rulings. Antonio MartinoFederico PacelliCarlotta Benigni, Giovanni IaselliAlessandro Martinelli and Antonio Longo are also key figures.

Responsables de la pratique:

Christian Montinari


Autres avocats clés:

Antonio Tomassini; Antonio Martino; Federico Pacelli; Carlotta Benigni; Giovanni Iaselli; Alessandro Martinelli; Antonio Longo


Les références

‘Great people and collaborative skills. High-level competence. An excellent firm that, thanks to its outstanding geographical coverage, is able to handle cross-border tax matters.’

‘The team is all-encompassing and very well-versed in Italian fiscal matters, as well as cross-border work. The DLA team cooperates seamlessly amongst itself, and is able to bring the key issues out quickly and address them effectively.’

‘A very strong team. Way ahead of the competition and they fundamentally have the right people and mindset – always delivers or exceeds expectations.’

Principaux clients

Saint-Gobain


Lavazza


Hewlett-Packard


Generali


Autogrill


L’Orèal


Italcementi – Heidelberg


Lidl


Credite Agricolè


Atos Italia


Iliad


Sifi Group


Intesa Sanpaolo


Econocom


Cremonini Group


FCA


Italcementi


Newlat


Illycaffè


Gruppo Montenegro


Principaux dossiers


  • Assisted Cometa with a voluntary public takeover offer related to the full ownership of Servizi Italia.
  • Assisted Edison with admission by the Revenue Agency to the collaborative compliance regime.
  • Advised Gruppo Montenegro on the acquisition of Venezuelan rum brand Pampero from Diageo.

Di Tanno Associati

Di Tanno Associati has significant expertise in M&A transactions. Other core tax areas are private equity and real estate fund-related taxation, along with tax litigation and mandates for HNWIs. The team is co-led by Tommaso Di Tanno, ‘one of the top tax lawyers in Italy’; and Fabio Brunelli, a specialist in the taxation of financial products, funds, corporate finance and M&A, as well as international taxation and tax litigation. Enrico PaulettiMarco SandoliLuca Marraffa, Carlo Curti and Sabrina Tronci are also experienced advisers. Raffaele Villa left the firm in April 2024.

Responsables de la pratique:

Tommaso Di Tanno; Fabio Brunelli


Autres avocats clés:

Rosamaria Nicastro; Stefano Cacace; Carlo Curti; Sabrina Tronci; Enrico Pauletti


Les références

‘Incredibly deep knowledge of the challenging world of the Italian Tax Authority.’

‘Innovative solutions. Consistently achieving favourable outcomes. It manages litigation that is very complex, in terms of topics and quantity, with impeccable organisational skills and complete and timely assistance.’

‘Total control over litigation, availability at all times, timely and effective reporting, in-depth knowledge of the companies’ realities, combined with the search for the most appropriate and effective defensive and advisory solutions.’

Principaux clients

Vodafone


ANIMA SGR


Enel Green Power Italia


Creationdose


Investire SGR


SEA


CDP Venture Capital SGR


Gruppo RAI


Facile Ristrutturare


Inarcassa


Indaco Venture Partners SGR


UniCredit


Fimer


Italiana Petroli


Leonardo Energia – Società Consortile


Logista Italia


Covivio


Illimity


Agusta Westland


Argos Wityu


Invrsion


Orto di Jack


Progressio Sgr


Feudi di San Gregorio


Equita Capital Società di Gestione del Risparmio


Principaux dossiers


  • Advised F2i on the acquisition tax due diligence for the establishment of Fund VI.
  • Represented Feudi di San Gregorio in a case before the Court of Justice of the European Union challenging the compatibility of Italian VAT legislation with EU law.
  • Advised Progressio on the launch of its fund, Progressio Investimenti IV, which secured €182m in commitments from investors.

McDermott Will & Emery Studio Legale Associato

McDermott Will & Emery Studio Legale Associato’s expertise encompasses double taxation treaties and mutual agreement procedures, transfer pricing, and the use of corporate structures and entities for inbound and outbound deals. Tax group head Andrea Tempestinialways makes the difference’; and Carlo Maria Paolella is an expert in transaction-related taxation, along with transfer pricing and tax disputes. Promoted to partner in late 2023, Alessio Persiani heads up the tax litigation department, while Giuseppe Mazzarella covers a range of tax matters. Experienced tax lawyer Mauro Pisano is another name to note.

Responsables de la pratique:

Andrea Tempestini


Autres avocats clés:

Carlo Maria Paolella; Alessio Persiani; Giuseppe Mazzarella; Mauro Pisano


Les références

‘Very broad base of great clients. Very high-level technical skills when interpreting complex tax matters.’

‘Availability and depth of analysis. Deep and continuous monitoring of activities.’

‘McDermott is an incredible law firm. They are very reactive and have significant business acumen, making them a partner rather than a simple adviser.’

Principaux clients

Swisscom


Davide Campari-Milano


Bending Spoons


Ducati Motor Holding


ManpowerGroup


Johnson & Johnson


Electronic Arts


Principaux dossiers


  • Advised Swisscom on its recent acquisition of Vodafone Italia.
  • Assisting Davide Campari Milano on the tax aspects of several international projects.
  • Advised Bending Spoons on the acquisition of multiple mobile apps (owned by Mosaic Group).

PedersoliGattai

Further to the January 2024 merger between Pedersoli Studio Legale and Gattai, Minoli, Partners, PedersoliGattai‘s tax practice routinely advises on major financial, capital markets and M&A transactions, along with debt restructuring and tax litigation. The team is co-led by the experienced Giovanni Bandera, an adviser on the tax side to M&A, private equity, real estate, corporate reorganisations, and debt restructuring, and the ‘commercial, knowledgeable, responsive, engaging and proactiveCristiano Garbarini. Other names to note are Andrea de’ MozziDomenico PonticelliDaniela CaporicciAlban Zaimaj and Valentina Buzzi.

Responsables de la pratique:

Giovanni Bandera; Cristiano Garbarini


Autres avocats clés:

Andrea de’ Mozzi; Domenico Ponticelli; Daniela Caporicci; Alban Zaimaj; Valentina Buzzi


Les références

‘Provides excellent professional work. Always available.’

‘They are a strong team – always available and well prepared.’

‘Breadth of expertise in complex transactions.’

Principaux clients

TeamSystem


Intermediate Capital Group


Bluegem Capital Partners


Charterhouse


Bff Bank


Rivean Capital


Colony Capital


Microgame


Tas Group


Thales Consultoria Financiera


Cobepa


Gruppo Salice


Gruppo Cordifin


Clessidra Capital Credit


Principaux dossiers


  • Advised Intermediate Capital Group on the acquisition of DGS.
  • Assisted Salice Group with a complex reorganisation following an LBO transaction.
  • Assisted Hellman & Friedman (and its management) with the sale of a minority stake in TeamSystem to Silverlake, Adia and Capital G.

ADVANT Nctm

The tax expertise at ADVANT Nctm ranges from corporate tax and transfer pricing to tax litigation, real estate tax and transaction-related taxation. The group, which additionally acts for HNW individuals, is led by Barbara Aloisi, an adviser to multinational groups, financial intermediaries and private equity funds. The practice also features tax specialist Federico Trutalli and taxation and collective asset management expert Emidio Cacciapuoti, along with Guido Martinelli and Davide Massiglia.

Responsables de la pratique:

Barbara Aloisi


Autres avocats clés:

Federico Trutalli; Emidio Cacciapuoti; Guido Martinelli; Davide Massiglia


Les références

Reliability, technical skills, and specialism in advising multinationals in international contexts are the strengths of the NCTM tax department.

‘Strong knowledge of the market and constant updating.’

‘Strong competencies and knowledge. Proactive approach. Tailor-made solutions. The tax team is skilled and with a lot of experience.’

Principaux clients

Italo


LVMH


Nhood


Ceetrus


EdenRed Group


BolognaFiere


Marchesi Frescobaldi


ERG Renew Group


Ambienta SGR


Chequers Capital


Belmond


Principaux dossiers


  • Provided tax assistance to Edenred Group in relation to the acquisition from Italiana Petroli of the entire stake of a newly constituted company.
  • Provided tax assistance to Bologna Fiere in relation to the admission to Euronext Growth Milan – Professional segment.
  • Advising Ceetrus/Nhood Services Italy on an urban requalification in Milan in relation to the 2026 Winter Olympic games.

Biscozzi Nobili & Partners

Biscozzi Nobili & Partners fields experienced chartered auditors, accountants and lawyers, who advise both multinational companies and private individuals on high-stakes tax matters in Italy and abroad. In Milan, Emilio Gnech assists with corporate and group taxation, family-owned business issues, real estate taxation, and restructuring mandates; Gianluca Boccalatte is an experienced tax litigator; and Luigi Garavaglia advises on the tax side of extraordinary transactions.

Responsables de la pratique:

Emilio Gnech; Gianluca Boccalatte; Luigi Garavaglia


Les références

‘Very straight to the point, knowledgable and capable of finding solutions.’

‘The team is well organised and coordinated.’

‘Very skilled practice.’

Principaux clients

Funecap


Altair


Schiaparelli


EATALY


Thindown


D-Holding


Gruppo Artisa


Illy


BKW AG Group


OSRAM


3 Marys Entertainment


Davide Campari Milano


Nexi


De Longhi


Fondo Strategico Italiano


Vontobel


Tod’s


Casa Damiani


Costa Crociere


United Ventures


Dolce e Gabbana


Lagfin


Frigomec S.p.A.


Zenit Group


Fondo Italiano d’Investimento


Principaux dossiers


  • Advised Frigomec on the acquisition of Lonardi Claudio.
  • Advised De’ Longhi Group on the tax aspects of the business combination between La Marzocco International and Eversys.
  • Advised Campari Group on the concession of a sale option with Beam Suntory for the potential acquisition of the Courvoisier cognac house.

CBA Studio Legale e Tributario

Advising on major transactions, CBA Studio Legale e Tributario‘s practice covers direct and indirect taxation, including VAT. M&A and private equity specialist Angelo Bonissoni heads the department; Stefano Petrecca is an expert in corporate and international taxation, along with tax litigation; and Michele Citarella advises on the tax aspects of lending, structured finance and capital markets. Other key practitioners are Francesco AssegnatiRoberto BrustiaLeonardo Reggio and Andrea Motta.

Responsables de la pratique:

Angelo Bonissoni


Autres avocats clés:

Stefano Petrecca; Michele Citarella; Francesco Assegnati; Roberto Brustia; Leonardo Reggio; Andrea Motta; Giorgio Iacobone; Ernesto Caso; Nino Bosco; Arianna Valenza; Luca Vitale


Les références

‘People who are always very helpful – the team has well-diversified skills in various sectors.’

‘The level of service is always very high.’

‘Proactive approach to clients and competence.’

Principaux clients

Apeiron


Alcedo SGR


Argos Wityu


Blue Sgr


Enpam


Finanziaria Internazionale Investments


ITA


HIG Capital


Humangest


Copernicus


Leonardo


Paperlit


Patron Capital Advisers


Pioneer


PTV Group (Porsche)


Primonial REIM


Gruppo Sparkasse – Cassa di Risparmio di Bolzano


Chaberton Energy Holdings


Tecnitalia


Telis


Zenith Global


Montefiore Investment fund


Principaux dossiers


  • Advising Zenith Global on a number of securitisation-related tax issues.
  • Advising Alcedo SGR on a major project involving the creation of a cluster of complementary companies in the field of green packaging solutions (through Alcedo V Fund).
  • Advising Castello SGR as the management company of Italian closed-end real estate alternative investment fund Fondo Fusion.

Cleary Gottlieb Steen & Hamilton

Cleary Gottlieb Steen & Hamilton handles a range of domestic and cross-border tax issues, including public and private M&A deals, hybrid financing and investment structures, debt and pre-IPO tax restructurings, and derivatives and financial instruments. It also covers employee benefit plans, executive compensation, tax controversies and estate tax and planning. Vania Petrella is ‘an exceptional tax partner’, and Gianluca Russo and Paola Albano are experienced corporate tax lawyers.

Autres avocats clés:

Vania Petrella; Gianluca Russo; Paola Albano


Les références

‘Each individual of the team understands clients’ needs exactly, giving tailor-made answers.’

‘The team is extremely proactive and efficient in the practice area in which it operates.’

‘The team is more transparent than other law firms, which is important to foreigners.’

Principaux clients

Solvay


ArcelorMittal


Global Infrastructure Partners


Silicon Box


Allianz Capital Partners


F2i


Asterion Industrial Partners


Retelit Group


Manitou


APG Asset Management


Principaux dossiers


  • Advised Solvay on its separation into two independent listed companies (SpecialtyCo and EssentialCo).
  • Provides ongoing advice to ArcelorMittal on Italian tax matters, in relation to its investment in Ilva, a large steel plant in Europe.
  • Advised Global Infrastructure Partners on the tax and regulatory aspects of the disposal of an equity interest in Italo – Nuovo Trasporto Viaggiatori to MSC.

Dentons

Fielding tax lawyers and accountants, Dentons’ practice comprises experts in the tax structuring of cross-border investment vehicles, M&A deals, and real estate investments. Other key areas are wealth management, tax litigation, tax criminal law, settlement procedures, and compliance. The ‘competent’  Andrea Fiorelli leads the team, which features Fabrizio Capponi, who heads international tax in Italy; tax specialist Roberta Moscaroli; and Gianmarco Tortora, a February 2024 recruit from LCA Studio Legale.

Responsables de la pratique:

Andrea Fiorelli


Autres avocats clés:

Fabrizio Capponi; Roberta Moscaroli; Gianmarco Tortora; Maria Paola Serra; Matteo Chinaglia


Les références

‘Good, professional and competent.’

‘Strong knowledge of both Italian and international taxations.’

‘Extremely helpful at managing transactions that also involve international equity partners.’

Principaux clients

GEDI – Gruppo Editoriale


Casse Depositi e Prestiti


Intesa Sanpaolo


UniCredit


Fattal Hotel Group


Ferrovie dello Stato Italiane


Equita SIM


illimity


Mediobanca


Banca Monte dei Paschi di Siena


DeA Capital Real Estate


Fujifilm Group


Fort Partners


Principaux dossiers


  • Advising Casse Depositi e Prestiti on the tax aspects of a retail public offer in Italy.
  • Advising Ferrovie dello Stato on several deals, including assisting with the tax aspects of the issuance of a green bond under its EMTN programme.
  • Advising Fujifilm Group on the tax side to the corporate reorganisation of its Italian companies.

Pirola Pennuto Zei & Associati

Pirola Pennuto Zei & Associati houses specialists in corporate and international taxation, along with restructuring, banking, finance and insurance-related taxation. The team is also experienced in litigation, rulings, private client matters, transfer pricing and VAT, as well as M&A and real estate-related tax. Luca Occhetta advises on the taxation of legal entities’ income; Nathalie Brazzelli‘s practice encompasses tax advice and planning; and international tax adviser Guido Doneddu is ‘competent and fast’.

Autres avocats clés:

Luca Occhetta; Nathalie Brazzelli; Guido Doneddu; Andrea Giannelli


Les références

‘Very knowledgeable and critical mindsets.’

‘Good direct communication. Honest and transparent.’

‘Competence, passion, collaboration, proactivity, professionalism, and availability.’

Principaux clients

Reintjes


OstroVit SP


Renergia Group


Bain Capital Private Equity


KYIP Investment Fund


Fedrigoni Group


Essity


Euler Hermes (Allianz Group)


Rossi


Gilead Sciences


Hitachi Rail STS


Janssen – Cilag


Mediamarkt


Sasol Italy


Société Generale Group


Vetropack Italia


Timbers Resorts


Principaux dossiers


  • Provided legal and tax assistance to Renergia Group in relation to the acquisition of a biogas plant (fuelled by livestock manure and agricultural waste).
  • Advised Fiber Bidco on the issuance of a high-yield fixed rate bond.
  • Advised Rossi on a global group reorganisation.

A&O Shearman

A&O Shearman‘s team assists with high-end corporate, financial and real estate tax transactions. The expertise of team head Francesco Guelfi covers tax, regulatory and accounting matters, while Elia Ferdinando Clarizia is an experienced tax practitioner.

Responsables de la pratique:

Francesco Guelfi


Autres avocats clés:

Elia Ferdinando Clarizia; Simona Simone


Les références

‘Strong technical skills and broad international coverage.’

Principaux clients

EQT Infrastructure


Enovis Corporation


One Equity Partners


Younited


Toyota Financial Services Italia


Intesa Sanpaolo


Algebris Investments


The Riverside Company


Société Générale


Principaux dossiers


  • Advised a pool of domestic and international financing banks on the tax-related aspects of a landmark financing transaction in Italy, which related to the transfer of NetCo to Optics BidCO.
  • Advised Eni on the tax aspects of a sustainability-linked convertible bond.
  • Advising Campari Group on the tax aspects of its €1.2bn bridge financing for the proposed acquisition of Courvoisier.

Andersen in Italy

Handling a range of tax matters, Andersen in Italy has notable sector expertise in the banking, finance, real estate, manufacturing, energy, tech and media sectors. In Milan, Maricla Pennesi is a widely respected international taxation specialist, while Francesco Marconi is an expert in transfer pricing and VAT, in addition to international tax planning.

Responsables de la pratique:

Maricla Pennesi; Francesco Marconi


Autres avocats clés:

Anna Maria Esposito; Paolo Trevisanato; Roberto Panero; Stefano Rossi; Marcello Rabbia; Maurizio Ferrero; Alberto Trainotti; Letizia Carrara; Gianni Poggi; Giovanni Gallucci


Les références

‘A team that is always available for clarification.’

‘Every time there is a problem, the team is keen to find a solution.’

‘The team stays in good spirits and communicates well with each other.’

Principaux clients

Azzurra Capital


Krustagroup


Transition Capital Partners


Dental Feel Group


REAM


Brugola OEB Industriale


Hitherm


Principaux dossiers


  • Advised Azzurra Capital on its investment in Desa, including tax due diligence.
  • Assisted Brugola Group, as financial and tax adviser, with structuring a buyback transaction for minority shares held by the Agrati Group and the Fontana Group.
  • Assisted the Hitherm group with an internationalisation project to develop its presence in Algeria (and the African continent) through the establishment of a joint venture with local counterparts.

Carnelutti Law Firm

Carnelutti Law Firm’s practice advises on the gamut of tax issues, such as transfer pricing, M&A tax, compliance and tax litigation. The group is co-led by Paolo Baruffi and Gilberto Comi, both advisers to manufacturing and commercial companies, as well as banking sector management.

Responsables de la pratique:

Paolo Baruffi; Gilberto Comi


Autres avocats clés:

Davide Albonico; Paolo Fatrizio; Daniela Frusone; Fabio Fusco; Mario Ippolito; Massimo Marconi; Stefano Ruzzier;  Lidia Veronica Torricella; Ilaria Andreozzi; Laura Iannello


Les références

‘Stable tax team – quick and operational answers.’

‘Reliability and availability. High-level competence.’

‘Great expertise and reactive to clients’ needs.’

Principaux clients

Arkema


Arkema France


Elkem Siliconi Italia


Etoro (EUROPE)


Gardner Denver


INTESA


Lemanik Group


Nexans Italia


TotalEnergies EP Italia


Christeyns Italia


Principaux dossiers


  • Represented the Gardner Denver Group before the Second Instance Tax Court of Milan, obtaining full annulment of the 2015-16-17 IRES and IRAP claim of alleged higher unreported revenues from intercompany transactions.
  • Represented Arkema France before the Court of Cassation, in relation to the reimbursement of excess IRES paid on a capital gain arising from the sale of a share in its Italian subsidiary.
  • Advised INTESA with a complex transaction that provides for the contribution of its interest in Estra.

De Berti Jacchia Franchini Forlani

Co-led by international tax experts Massimiliano Gazzo and Tiziana Zona, De Berti Jacchia Franchini Forlani‘s core tax areas comprise transfer pricing, permanent establishment risk analysis, tax settlement procedures, and M&A-related taxation. The Milan-based team also covers tax planning, corporate tax, VAT and tax litigation, as well as work for HNWI clients.

Responsables de la pratique:

Massimiliano Gazzo; Tiziana Zona


Autres avocats clés:

Angela Valente; Alessandro Foti; Diego Conte; Christian De Bruno


Principaux clients

Affinity/Agrolimen Group


Antonioli Group


Apotheek Vanmeer


Blupura


Brioni


Caudalie


Cendres+Métaux


Commerzbank


Contship Italia Group


Coripet


Crane Worldwide Logistics


Croisieurope


Culligan Group


Currie And Brown


De Rigo Group


Lesaffre


Energas


Eudorex


Expleo


Fona


Frascold


Global Blue


Hilti


Housefy


IKN


Kalorgas


Koopman


Koso Parcol


Les Bouchages Delage


Movinter​


Optimo Next


Redfish Longterm Capital


Rhiag


Sandvik Group


Sanremo


Selgas


Siteground Group


Stanley International Betting


TDV Industries


Wacoal France


World Leader


Principaux dossiers


  • Assisted De Rigo Group with opposing several high-profile challenges to its transfer pricing policy.
  • Advised Culligan on Patent Box and transfer pricing matters.
  • Advised Commerzbank on capital gains tax.

Eversheds Sutherland Associazione Professionale

With sector expertise in automotive, food distribution, agribusiness and healthcare, Eversheds Sutherland Associazione Professionale fields experts in transfer pricing and cross-border deal-related tax litigation. The practice’s principal figures are Sebastiano Sciliberto, an international taxation, M&A tax, corporate taxation and tax litigation specialist, and Gianluca Nemec, who ‘has excellent technical knowledge’.

Responsables de la pratique:

Sebastiano Sciliberto; Gianluca Nemec


Autres avocats clés:

Salvatore Pezzella; Daniele Raimondi; Federica Cipolletta; Antonio D’Agostino; Jacopo di Mizio; Umberto Virgintino; Davide Gabriele; Claudia Stradiotti


Les références

‘Strong team. The team is capable of handling complex matters and cross-border issues.’

‘The tax team is always very professional and available to address any questions or doubts that may arise for any reason.’

‘Day-to-day cooperation is always smooth, and they always respond promptly and inform proactively in case of change.’

FIVERS Studio Legale e Tributario

FIVERS Studio Legale e Tributario houses experts in tax issues concerning M&A, private equity and business reorganisations. Co-led by Francesco MantegazzaFabio Oneglia and Gianluca Pozzi, the team also assists with corporate and real estate taxation, along with financial transaction-related tax, private clients, transfer pricing, VAT and tax litigation.

Responsables de la pratique:

Francesco Mantegazza; Fabio Oneglia; Gianluca Pozzi


Autres avocats clés:

Andrea Brambilla; Edoardo Bassi; Immacolata Giuliano; Valerio Manicone; Emanuela Rondelli


Les références

‘Highly professional, available and client-focused team. Unique expertise in the market, excellent team, and every person is well prepared.’

‘The Fivers team consistently delivers excellent legal and tax advice with precision and professionalism.’

‘Their deep expertise in tax law, combined with a proactive and solution-oriented approach, ensure that complex issues are handled efficiently.’

Principaux clients

Abercrombie & Fitch


AEW


Apleona


Ardian


BNP Paribas REIM


Blackstone


CAE


Castello SGR


Cerved Group


Cleon Capital


Hitachi


Inframedica


Invesco Real Estate


InvestiRE SGR


JP Morgan Asset Management


Kering


Kryalos SGR


Morgan Stanley


MTA


Primonial REIM


Reale Immobili


Savills IM SGR


Shell


Swatch


Technogym


Telecom Italia


TK Elevator


Tom Ford


Trelleborg


Yard Reaas


Principaux dossiers


  • Advised Blackstone on the sale by funds (underwritten by the same) of a portfolio of Kryalos-managed properties.
  • Assisted Ardian, together with Prelios, with the sale of a building in Rome.
  • Advised JP Morgan Asset Management on the acquisition of large real estate assets from Deka.

Hogan Lovells International LLP

Hogan Lovells International LLP’s tax department is headed by Serena Pietrosanti, an expert in the tax aspects of finance and M&A transactions, who also assists with audits and in-court and out-of-court litigation. Flanking Pietrosanti in Rome are highly rated tax specialists Fulvia Astolfi and Maria Cristina Conte.

Responsables de la pratique:

Serena Pietrosanti


Autres avocats clés:

Fulvia Astolfi; Maria Cristina Conte


Les références

‘High-level professional approach to matters, with the aim of not just advising the client but also to support clients by anticipating any possible negative issues, so as to ensure the smooth development of clients’ business.’

‘Clients always find a great level of professional, highly skilled lawyers, who are capable of advising clients on different matters, always meeting their expectations.’

‘The HL team has deep knowledge of specific tax areas such as international tax, Italian taxes, tax controversy, and VAT. They also have an excellent understanding of the technology sector.’

Principaux clients

Banco Santander


BNP Paribas


BPER Banca


Ferrovie dello Stato Italiane


llimity Bank


Mediobanca


Natixis


Iccrea Banca


Intesa Sanpaolo


Rigsave


Unicredit


Principaux dossiers


  • Assisted Ferrovie dello Stato Italiane with the tax side to its €3.5bn sustainability-linked revolving credit facility.
  • Assisted Mediobanca and Natixis on the tax aspects of a financing package supporting Energy Infrastructure Partners’s equity investment in Italian energy company ENI Plenitude.
  • Assisted Banco Santander (as sole arranger) and Banco Santander, BofA Securities Europe and UniCredit Bank (as joint lead managers) on the tax side of a securitisation transaction involving auto loans originated by Stellantis Financial Services Italia.

LCA Studio Legale

In addition to advising companies and HNW individuals on transactions and corporation tax, LCA Studio Legale covers VAT and customs and excise duties, as well as specialist tax areas such as Patent Box procedures. Department head Roberto Pellizzari is an ‘outstanding professional’, while Simona Passarelli is a highly rated tax expert.

Responsables de la pratique:

Roberto Pellizzari


Autres avocats clés:

Simona Passarelli; Antonella Perri; Matteo Esposito; Thomas Yang


Les références

‘The tax team at LCA is extremely strong – well prepared with deep knowledge of all aspects.’

‘LCA has been steadily and consistently investing in its tax practice in the past few years, both at senior and junior level. Such a strengthened team is able to deliver encompassing and reliable advice.’

‘The team is very collaborative and prompt to assist.’

Principaux clients

Alibaba


Andrea Bocelli Foundation


Bally


CDP Venture Capital


Cherubini


Consorzio Agrario Terrepadane


Copernicus Wealth Management


Edilizia Acrobatica


Euromobiliare Advisory SIM


Microgame


Pacific Fruit


Takeda Italia


WeFox


Principaux dossiers


  • Assisted with the tax due diligence for Italy Experience’s acquisitions of Mediterranea Trekking and the going-concern business of Torres Travel.
  • Provided tax law advice to Euronext-listed EdiliziAcrobatica on a group reorganisation at the European level.
  • Assisting a distressed group with a very large transaction to reduce debts owed to the tax authorities and the National Social Security Institution.

Linklaters Studio Legale Associato

Linklaters Studio Legale Associato‘s tax team regularly advises banks, financial institutions and private equity firms on transactions. It also acts in tax investigations. Roberto Egori ‘knows all aspects of tax law in depth’, and Fabio Balza advises on the Italian tax aspects of M&A and private equity deals.

Responsables de la pratique:

Roberto Egori


Autres avocats clés:

Fabio Balza; Euplio Iascone; Eugenia Severino; Alice Failla; Matteo Feliziani; Luigi Spinello


Les références

‘Excellent team structure and composition – manages to process high volumes of tasks in a short time and to a high quality.’

‘Excellent competence and collaboration skills.’

‘Speedy execution and advice that is delivered on time.’

Principaux clients

Groupe Bruxelles Lambert


Glencore


PGIM


Automotive Cells Company


Republic of Italy


iCON Infrastructure


UniCredit


Generali Investments Holding


BNP Paribas


Goldman Sachs International


JP Morgan


Société Générale


Crédit Agricole


Arsenale Group


Davidson Kempner


Nuveen


Bain Credit Capital


DWS Asset Management


Pemberton


Macquarie Group


Principaux dossiers


  • Acted as Italian tax adviser to Generali Investments Holdings on the acquisition of Conning Holdings from Cathay Life.
  • Acted as Italian tax adviser to Goldman Sachs International and the other arrangers of a €5.5bn financial transaction, whereby TIM, Telecom Italia Finance and Telecom Italia Capital made three separate but concurrent exchange offers to exchange certain series of their respective existing Euro and US dollar-denominated notes.
  • Provided tax assistance to iCON Infrastructure on its acquisition of the Alliance Medical group (including its various Italian subsidiaries) from Life Healthcare.

Morri Rossetti e Associati

Morri Rossetti e Associati‘s practice advises on the tax side of corporate and real estate deals, along with company reorganisations and the acquisition of equities. Davide Attilio Rossetti is ‘a brilliant professional’; Daniela Pasquarelli advises on ordinary and extraordinary mandates; and Fabrizio Gaetano Pacchiarotti is a tax litigation leader.

Responsables de la pratique:

Davide Attilio Rossetti; Daniela Pasquarelli; Fabrizio Gaetano Pacchiarotti


Autres avocats clés:

Roberta De Pirro


Les références

‘The tax advisers are experts in their fields and can provide specific, in-depth advice to clients.’

‘Problem-solving skills – the advisers provide customised, goal-oriented solutions.’

‘Can quickly adapt to clients’ needs and they work across industries and sectors. Very extraordinary!’

Nunziante Magrone

Nunziante Magrone’s tax team covers income tax, tax litigation, transfer pricing, permanent establishment issues, and dividend optimisation. The group also assists with tax planning and VAT, along with advising family businesses on safeguarding family assets. The practice is co-led by tax specialists Claudio GiordanoCarlo Sallustio and Fabio Capezzone.

Responsables de la pratique:

Claudio Giordano; Carlo Sallustio; Fabio Capezzone


Autres avocats clés:

Alice Cogliati Dezza


Les références

‘Confidence, fluidity and responsiveness for the benefit of clients.’

‘Complete competence and focus on the subject.’

‘They know their clients in great detail.’

Principaux clients

NET Service


UPS Health Italia


Spring Studios


SNCF Société Nationale des Chemins de fer Français


Aventa


Toyota Motor Europe


General Motors


Southern Cross Group


The British School At Rome


Electrolux Italia


Wyscout


Hudl Italia


ABI LAB


Areco Italia


Radisson Group


Biotage Italy


Clyde Bergemann


Sogemar


AGSM AIM


Roxcel


Molo Hotels


ICOEL


Abu Dhabi Bank


Pavia e Ansaldo

In addition to its manufacturing sector specialism, Pavia e Ansaldo‘s team has significant expertise in energy-related taxation. The practice’s recent experience further includes advising HNWIs as well as handling real estate fund-related tax litigation. Marco Jannon is a tax adviser to the energy sector, while Giuseppe Alessandro Galeano assists with M&A-related taxation.

Responsables de la pratique:

Marco Jannon


Autres avocats clés:

Giuseppe Alessandro Galeano; Teodoro Malquori; Mario Nunziata; Francesca Marchiori; Niccolò Poggio


Les références

‘Deep knowledge of tax issues and deal structuring.’

‘People who are able to give concrete support quickly.’

‘A team with a great skillset – always able to assist clients with any needs and according to best market practice.’

Principaux clients

Tamoil Italia


EKU Energy


Enovos


Contourglobal


OBTON


X-Elio


Armacell


Stirling Square Capital Partners Italy


Tüv Rheinland Italia


Susi Partners


Refeel New Energy


Stena Line


Asaro Matteo-Cosimo-Vincenzo


Christie’s International 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


Asahi Intecc


Valvitalia


Berlin Packaging Italy


Premi


LB Officine Meccaniche


Drillmec


Exyte Italia


Ultivue EMEA


Spin Energy


Demetrica


Principaux dossiers


  • Advised EKU Energy on the tax aspects of the development of battery energy storage projects.
  • Advised ContourGlobal Solar Holdings (Italy) on the tax aspects of a large-value refinancing.
  • Advised Susi Partners on the tax side of its joint venture with an Italian entity for the development of solar energy projects.

Simmons & Simmons

The Milan tax team at Simmons & Simmons advises on the tax aspects of financial deals, M&A, business restructuring, real estate transactions, transfer pricing and permanent establishment issues. It also covers pre-tax litigation settlements, tax litigation and tax rulings, including international advance pricing agreements. With ‘great fiscal knowledge’, Marco Palanca heads up the practice, while Irene Pellecchia focuses on disputes concerning international taxation, and corporate and financial taxation.

Responsables de la pratique:

Marco Palanca


Autres avocats clés:

Irene Pellecchia; Davide Pellegrini; Luca Bocchetti; Giulia Aglialoro; Giulia Ricigliano


Les références

‘Cross-border and integrated law firm, with the ability to focus on high-stakes deals.’

‘Great professional skills.’

‘Clients appreciate knowing that this team excels in providing clear, actionable advice, especially when navigating complex tax regulations in a new country.’

Principaux clients

21 Invest


Arcmont Asset Management


Banco BPM


Chartehouse Capital Partners


Eni Plenitude


Janus Henderson Horizon Fund


Muzinich & Co.


Openjobmetis


PineBridge Benson Elliot


Mediobanca


Three Hills Capital Partners


Tikehau Capital Management


The Goldman Sachs Group


Datrix


LeadCrest European Fund


Intesa Sanpaolo


A2A


Chequers Capital


Crédit Agricole Italia


Systra France


GFNY


Datrix


Palladio Holding


TCH (Gruppo Cogeme)


QuattroR Sgr


Barclays


Nuveen Investment Management


Point72


Christofferson Robb & Company


Algebris


Nuveen


LeadCrest


Weerts Group


Althaller Italia


Ei Towers


Mediaset


Velux


Crake Global Master Fund


WeFox


Deutsche Bank


Citigroup


BNP Paribas


Leumi UK


Enel


KFC


Mediolanum


Morgan Stanley


Norges Bank


Polis Fondi


Merito


Nuova Castelli


Waterlogic


Bank of America


Illimity Bank


Principaux dossiers


  • Advised Bank of America on the minimisation of tax liabilities arising from its transfer of the Overseas Military Banking Program to Navy Federal.
  • Assisted Banca Nazionale del Lavoro, Banco BPM and Banca Illymity, as financing entities, with the Italian and cross-border tax implications of a merger and LBO transaction.

Studio Tributario Tognolo

Studio Tributario Tognolo‘s specialist areas encompass international taxation, business reorganisations, tax assessments and litigation. The team also covers transfer pricing, compliance and tax control frameworks. Paolo Tognolo is a ‘highly specialised professional’, while Andrea Millani provides tax advice to several Italian multinationals. Francesco Spurio left the firm in May 2024.

Responsables de la pratique:

Paolo Tognolo; Andrea Millani


Autres avocats clés:

Giuseppe D’Amico; Riccardo Mezzi


Les références

‘Great professionalism and competences. Synergetic teamwork.’

‘The practice is very strong for transfer pricing matters, from the basic to the most complex structure. Very good and strong relationships with the Italian Tax Authority.’

‘Studio Tognolo’s work gives clients the confidence that the outcome of the work will be satisfactory.’

Principaux clients

Pirelli Group


Caterpillar Italy


Volvo Group


TAL Group


Dolce & Gabbana Group


Bolton Group


Sanoma Italy (ex Pearson)


DiaSorin Group


Prometeon Group


Iveco Group


Furla Group


Pearson Group


Principaux dossiers


  • Represented IVECO and FPT in discussions with the Piedmont Regional Tax office concerning the definition of an assessment made for the 2017 tax period.
  • Advised Pirelli on the conclusion of the BAPA between Italy and Romania.
  • Advised Dolce & Gabbana on a tax assessment carried out by German tax inspectors in relation to intercompany transactions between 2012 and 2021.

Withers Studio Legale

Withers Studio Legale‘s tax practice acts for corporate clients, HNW individuals, family offices and charities, particularly in relation to the fashion, art, food, wine and sports sectors. It also advises private equity funds that invest in Italian businesses. Giulia Cipollini heads the firm’s tax and wealth planning team.

Responsables de la pratique:

Giulia Cipollini


Autres avocats clés:

Roberto Bonomi; Filippo Molinari; Fernando Gandioli; Stefano Corbara


Alma LED

Alma LED‘s tax department covers transactional and M&A tax, international taxation, general corporate tax, transfer pricing, and business restructuring. The team also handles tax litigation, tax real estate, financial taxation, VAT, and private client matters. Practice head Guido Arie Petraroli focuses on the tax side of private equity transactions. Francesco Di Bari was a new arrival in early 2025.

Responsables de la pratique:

Guido Arie Petraroli


Autres avocats clés:

Jean-Paul Baroni; Francesco Cardone; Erminia Procopio; Luca Galliani; Francesco Pio Murgo; Francesco Di Bari


Principaux clients

Engie


Airbus


Porsche


Decathlon


Klépierre


Fosun


Estee Lauder


Leroy Merlin


ITW


Prelios


Principaux dossiers


  • Advised Rocco Forte on the tax aspects of the sale of 49% of Rocco Forte Hotels to Saudi Arabia’s PIF.
  • Advised PX3 Partners on the tax aspects of the acquisition of Cofimco.
  • Assisted Decathlon Group with the sale of 16 real estate properties in Italy.

AndPartners Tax and Law Firm

AndPartners Tax and Law Firm‘s ‘extremely collaborative’ team covers tax issues surrounding major energy, real estate, M&A and finance transactions. Pietro Bracco is a highly regarded tax specialist and Luca Di Nunzio is ‘always capable of finding sophisticated technical solutions’.

Responsables de la pratique:

Pietro Bracco; Luca Di Nunzio


Autres avocats clés:

Luca Romanelli; Stefano Versino; Giulia Giacchetti; Andrea De Nigris


Les références

‘The team is extremely collaborative and responds timely to all requests.’

‘The team is proactive in anticipating any matter that may have an impact on client organisations and always provides smart solutions.’

‘The individuals have profound knowledge not only of client organisations but also of all the specific subject matters of their sectors, which is extremely rare.’

Principaux clients

E ON Produzione


E ON Italia


AZORA Investment Fund


The Swatch Group


Principaux dossiers


  • Assisting E ON Produzione and E ON Italia with tax litigation concerning a transfer pricing assessment carried out by the Italian Tax Authority.
  • Assisted AZORA Investment fund with analysing the exemption tax regime in Italy for dividends distributed to EU investment funds.
  • Acting for The Swatch Group before the Italian Supreme Court in relation to a judgment about the existence of an undisclosed dependent agent permanent establishment in Italy.

Belluzzo International Partners

Belluzzo International Partners‘ tax practice covers M&A, group reorganisations, private client matters, cross-border work, transfer pricing, real estate, banking and finance, and trusts and estates. It also acts in litigation. Working between Milan and London, Luigi Belluzzo is department head, while Daniele Carlo Trivi and Alessandro Saini provide key support.

Responsables de la pratique:

Luigi Belluzzo


Autres avocats clés:

Daniele Carlo Trivi; Alessandro Saini; Enrico Rimini; Domenico Sannicandro


Les références

‘Advice provided whenever necessary and always at a high level.’

‘The support received for any tax-related question aims to find the best solution for clients.’

‘The service received always meets clients’ expectations.’

Principaux clients

Xenon Private Equity


Lonardi Claudio


Pronext | Gruppo Contec


Principaux dossiers


  • Advised Xenon AIFM on the acquisition of majority stakes in Kettydo+, Hic Mobile and Urbistat.
  • Advised the shareholders of Lonardi Claudio on the sale of all their shares to Frigomec.
  • Advised Pronext | Gruppo Contec on a lease transaction of the business branch of Florentine company Public Administration & Market – PAM.

Bird & Bird

Bird & Bird’s tax department assists individuals and private companies as well as shareholders with tax planning, provision and compliance. The group also handles tax disputes and transfer pricing. Gaetano Salvioli leads the firm’s tax practice from Milan, where Giuliana Polacco is a tax disputes specialist.

Responsables de la pratique:

Gaetano Salvioli


Autres avocats clés:

Giuliana Polacco


Les références

‘They are outstanding in their advice to clients on transactional structures.’

‘Gaetano Salvioli always provides interesting points of view and clear answers, which is highly appreciated in an area of law that is never linear and can have a huge impact on clients’ business.’

Principaux clients

Netgear


Principaux dossiers


  • Acting for Netgear on an ongoing basis, including successfully arguing cases before the Supreme Court, which concern the concept of permanent establishment for income tax and VAT purposes.

Gitti and Partners

The tax department at Gitti and Partners advises institutional investors, investment funds, management companies, family offices and HNW individuals on private equity, M&A and real estate deals. Diego De Francesco’s ‘expertise and dedication are evident’; Marco Ettorre assists with defence-side matters; and Gianluigi Strambi‘s practice encompasses tax planning.

Responsables de la pratique:

Diego De Francesco; Marco Ettorre; Gianluigi Strambi


Autres avocats clés:

Paolo Ferrandi; Elisa Resmini; Andrea Tognon


Les références

‘A guarantee for small and medium-sized businesses facing M&A operations.’

‘Great technical ability.’

‘The team stands out for its commitment, combining expertise with a personalised approach.’

Principaux clients

AXA SGP


HIG Capital


Fle Italia SICAF


Indigo Capital


Namira SGR


Hivest Capital


K&L Gates

K&L Gates’ ‘precise and punctual’ tax department routinely works alongside the firm’s investment fund, asset management, real estate, corporate, M&A, and banking and finance practices. With ‘deep technical expertise in financial services tax’, Vittorio Salvadori di Wiesenhoff heads the tax group from Milan.

Responsables de la pratique:

Vittorio Salvadori di Wiesenhoff


Les références

‘A strong team with many skills.’

‘Precise and punctual. The team is outstanding.’

‘Strong preparation and experience.’

Principaux clients

Anima Alternative SGR


Bank of America


Barings Real Estate Advisors Europe


DeA Capital Real Estate


Fondazione LAB ETS


Kairos Partners SGR


Optio Incentives


Panattoni


PAREF Gestion Société Anonyme


Savills Investment Management SGR


Sealaska


Stonehill International Group


Vitesco Technologies Group


Principaux dossiers


  • Advising a foreign alternative investment fund manager on the structuring of a real estate-related investment.
  • Advised an Italian alternative investment fund manager on the structuring of a venture capital fund (investing in innovative early and late-stage start-ups and SMEs).
  • Assisted PAREF Gestion with taking over from DeA Capital Real Estate SGR the management of real estate alternative investment fund, Fondo Broggi.

LDP Tax & Law

LDP Tax & Law‘s practice covers international tax, compliance and transfer pricing, along with M&A, corporate finance and private equity-related taxation. The Milan group, which also acts in tax litigation, is co-led by Giuseppe La Naia, a tax adviser to multinationals’ subsidiaries, and taxation and M&A specialist Monica Di Oronzo.

Responsables de la pratique:

Giuseppe La Naia; Monica Di Oronzo


Autres avocats clés:

Raffaele Caso; Alessandra Zago; Tommaso Ferraro


Principaux clients

Palingeo


Pepco Italy


IDT-Systems


Rossow Group


Eurowind Energy


Richard Mille


Enervitabio Santa Reparata Società Agricola


Piksel


Tarkett


Brunel International


ADP Italy


World International School – WINS


Health Data Specialists


Principaux dossiers


  • Assisted Palingeo with the listing of its shares on Euronext Growth Milan.

Lipani Legal & Tax

At Macchi di Cellere Gangemi until January 2025, Lipani Legal & Tax’s tax team features Arnaldo Salvatore, whose practice covers VAT and other indirect taxes, corporate income taxation, transfer pricing, permanent establishment issues and intercompany financial loans, and Federico Di Cesare, an adviser on corporate taxation, M&A, international tax planning and tax controversies.

Responsables de la pratique:

Arnaldo Salvatore; Federico Di Cesare


Molinari

Headed up by tax specialist Ottavia AlfanoMolinari‘s tax team handles M&A, investment and banking and finance transactions, as well as the establishment of private equity, venture capital and real estate investment funds. The group also covers international tax planning and ruling procedures, along with tax litigation.

Responsables de la pratique:

Ottavia Alfano


Autres avocats clés:

Paolo Ruggiero; Andrea Cristiani; Matteo Mairone


Les références

‘Gives immediate feedback in the most exhaustive way. In fact, any email or any memorandum received are always the result of deep analysis and the delivery of the work is always given after a final video call or meeting in person, where all possible outcomes are approached.’

‘The firm’s ability to navigate the complexities of international tax law is truly impressive.’

‘The combination of deep cross-border expertise, particularly in areas like transfer pricing and global tax structuring, sets them apart as a trusted advisor to multinational corporations.’

Principaux clients

Hudson Advisors


Evoca


IGI Private Equity SGR


Loro Piana Family Office


Azimut Capital Management SGR


Outokumpu Group


Fondo Italiano di Investimento SGR


DeA Capital Alternative Funds SGR


OME


Bracchi


Blumen Group


Otis Group


Star Capital SGR


Test Industry


Tramec


Matec Industries


VAM Investments


Capitalink


Satispay Group


Narval Investimenti


Principaux dossiers


  • Advised Evoca on the Italian tax aspects of the issuance of €550m senior secured floating rate notes.
  • Advised Pier Luigi Loro Piana Family Office, individuals, Icaria, Pompeo Magno Immobiliare and El Greco Venture on the reorganisation of Atlantic Investment.
  • Advised OME, a portfolio company of IGI Private Equity, on the acquisition of the Jungeblodt Group.

AC Avvocati e Commercialisti

AC Avvocati e Commercialisti‘s tax team includes Angelo Carlo Colombo, an expert in tax law and extraordinary operations, and Marilena Biella, who advises on tax planning, transfer pricing and restructuring. The group also features tax expert Luca Nicoletti and Roberto Rizzuto, whose practice includes tax compliance and transfer pricing.

Responsables de la pratique:

Angelo Carlo Colombo; Marilena Biella; Luca Nicoletti; Roberto Rizzuto


Les références

‘It’s the best solution for all clients’ needs. In both private and business needs, both legal and for accountability.’

‘All the staff is highly specialised. The office is amazing and a great asset for clients.’

‘Ability to understand clients’ needs.’

Ashurst

Advising companies, banks and investment funds, recent workloads for Ashurst’s tax group range from general corporate assistance to transactional tax, including major corporate and financing transactions. The Milan-based group, which also covers tax disputes, is headed up by Michele Milanese, whose ‘attention to detail is second to none’.

Responsables de la pratique:

Michele Milanese


Les références

‘The team is always on hand and proactive, identifying issues and providing effective solutions.’

‘Their collaboration and communications with multiple international stakeholders/businesses are excellent, especially when resolving complicated transactions involving multiple jurisdictions.’

‘Michele Milanese’s attention to detail is second to none and his commitment to completing the task in hand efficiently is excellent.’

Principaux clients

Generali Investments Partners SGR


Principaux dossiers


  • Advised Generali Investment Partners, in its role as investor representative, on a static collateralised loan obligation transaction.

Cappelli Riolo Calderaro Crisostomo Del Din & Partners

Cappelli Riolo Calderaro Crisostomo Del Din & Partners’s tax department advises investment funds, banks and companies on  M&A transactions and private equity investments. It also has expertise in the tax aspects of structured finance and real estate deals. An adviser on corporate taxation and M&A, Paolo Serva leads the practice.

Responsables de la pratique:

Paolo Serva


Autres avocats clés:

Edoardo Diotallevi


Les références

‘The practice is highly experienced and ready to support clients in any situation.’

‘All the professionals are highly qualified and very helpful.’

‘Very professional, prepared and punctual team.’

Principaux clients

Illimity Bank


Arec Neprix


UniCredit


Nextalia SGR


Intesa Sanpaolo


Poste Italiane


Unipolsai


Unicredit Bank


Banco BPM


Contec


Gruppo Itec


Adriatic Service Enterprise


Make Your Credit


DWF

DWF‘s Milan-based tax group routinely acts for energy sector companies, particularly renewable energy clients. The team is jointly led by Tancredi Marino, an adviser on the tax aspects of significant M&A deals, securitisation, structured finance and cross-border bank lending, and domestic and international tax law specialist Ottavia Orlandoni.

Responsables de la pratique:

Tancredi Marino; Ottavia Orlandoni


Principaux clients

Rothenberger


IBISCO investments


Enfinity Global


Cesaf


NOVAM Investments


Sagitta SGR


Vulcanair


Seci Energia


Maccaferri Group


STEAG Solar Energy Solutions


Cirdan Capital Management


Giunti Psychometrics


Logmar


Malo


Sinesplast


Talbot Group Investments Pty


Palumbo Editore


Profilo Holding


Repower Renewable


Eptalex Garzia Gasperi and Partners

Eptalex Garzia Gasperi and Partners‘s tax practice focuses on corporate taxation and transfer pricing, as well as the tax aspects of wealth planning and management. Carlo Garzia advises on the tax side of M&A, along with transfer pricing, tax assessments and voluntary disclosures. Alessandra Nitti is another key figure.

Responsables de la pratique:

Carlo Garzia


Autres avocats clés:

Alessandra Nitti; Stefano Barelli; Giacomo Petrizzelli; Sonia Pesamosca; Francesca Mereu; Carolina Braga; Martina Masella


Les références

‘Client proximity, responsiveness and timing.’

Giovannelli e Associati Studio Legale

Giovannelli e Associati Studio Legale‘s tax team handles M&A, corporate reorganisations, tax audits, litigation and voluntary and mandatory appraisals. It also advises on tax rulings and planning for HNW individuals. Corporate and finance taxation expert Eugenio Romita heads the tax department, which includes domestic and international taxation specialist Giorgio Vaselli.

Responsables de la pratique:

Eugenio Romita; Giorgio Vaselli


Principaux clients

Amber Capital SGR


Amboise Partners


Banca Galileo


Benvic Europe


CMT Utensili Group


Equita Capital SGR


F2i SGR


FSI SGR


Genextra


Green Stone SICAF


Hayfin


Immobiliare.it


Investindustrial


Italian Wine Brands


Mediobanca Group


Mezzanove Capital


Objectway Group


Riello Investimenti Partners SGR


Sabo


Stroili