Tax reforms positive for Italian private equity

Under the reforms, Italian private equity vehicles will benefit from tax breaks and reduced taxation on revenues. The tax system will also be made more transparent for foreign investors, while local valuation practices will be brought in line with international standards.

AIFI, which has repeatedly campaigned for changes to Italy's fiscal regime, claims that local funds have been at a disadvantage to their overseas competitors until now.

The reforms have been approved by the Senate via an amendment to the Milleproroghe decree.

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• Topics
• Southern Europe
• tax
• AIFI