Tax for M&A & Corporate Restructuring:
The firm is retained to structure complex domestic and cross-border mergers and acquisitions for both strategic and private equity investors, joint ventures, leveraged buyouts and other company reorganisations.
Corporate & Group Taxation:
The firm advises on corporate income tax issues, including issues connected with the adoption of IAS and IFRS, and on group taxation matters, including the design of holding structures and the optimisation of the tax regime of dividends, interest and royalties among group entities.
Taxation of Financial Instruments:
The firm advises on securitisations, domestic and international financing, debt restructuring, leasing transactions and project finance. Areas of expertise include also the taxation of equity and debt instruments, stock options, derivatives and innovative financial products. The firm further advises on the structuring of hedge funds, mutual investment funds and private equity funds and of their investments.
Real Estate Taxation:
The firm advises major national and international real estate operators and investors on all aspects of real estate taxation, from acquisition to disposal. The firm is particularly active on the structuring of, and giving advice to, real estate funds. This practice also includes assistance to enterprises in respect of major industrial sites, commercial developments and business restructuring involving immovable property.
Tax Planning for High Net Worth Individuals:
The firm has developed unique expertise in giving tax and legal consultancy to private clients and structuring their wealth. The firm advises on the tax optimisation of estate planning, transfers of businesses, lifetime asset transfers and ownership structures, having developed wide-spanning expertise on trusts, foundations, financial and insurance products. Advice is also given upon the transfer of residence to or from Italy. The firm has also been very active in giving tax advice to artists and sportsmen and has an established experience in advising on the tax structuring of charities and other non-profit bodies and on the tax issues associated with the acquisition, holding and sale of cultural assets and works of art. The firm handles complex tax litigation and pre-litigation settlements concerning high net worth individuals, including litigation and settlements involving financial products, life insurance policies, foundations, trusts and unreported foreign assets. The firm is active in voluntary disclosure for tax regularisation procedures.
International & EU Tax:
The firm advises on the tax structuring of inbound and outbound investments. The firm tackles EU taxation issues and keeps clients up to date on new developments and their implications.
The firm advises major multinational groups on transfer pricing policies and assists clients with the negotiation and conclusion of Advance Pricing Agreements with the Italian Tax Authorities. The firm also assists major multinational groups in drafting appropriate transfer pricing documentation (both masterfile and country specific documentation).
The firm handles complex tax litigation, involving transfer pricing and international and domestic tax matters. The firm also provides assistance in the context of pre-litigation settlement procedures and of bilateral or multilateral mutual agreement procedures between the Italian and foreign tax authorities.
The firm advises on the most tax-effective benefit schemes for employees, including executives and expatriates, and on cross-border loan and secondment of personnel.
The firm has a team dedicated to tackle VAT issues, both in domestic and cross-border transactions.
Clients: The clientele of Maisto e Associati is represented mainly by large corporations and high net worth individuals. The clients include Italian and foreign large multinational corporations in industries such as banking, manufacturing, tobacco, media and entertainment, pharmaceutical, real estate, IT, telecommunications and consulting. The firm also has a strong reputation in the fashion and luxury goods industry. International clients include top American and European banks and other financial institutions. The firm works closely with major players in venture capital and private equity markets. The firm has also developed unique expertise in giving tax consultancy to private clients in structuring their wealth.
International Work: A significant proportion of the firm’s work has an international dimension. Maisto e Associati represents financial institutions and industrial companies in the largest transactions in the field of M&A, banking and finance and capital markets, including public securitisations and financing transactions. Firm members have substantial experience in the international sector, having worked in the Netherlands, France, US and the UK.