Foglia & Partners assists clients by providing advisory services on tax issues related to day-to-day ...
business management with a focus on assistance aimed at the correct calculation of the tax burden and the due fulfillment of tax obligations.
Through a continuous and on-going contact with the companies’ management, the Firm’s professionals deal with all aspects of corporate taxation, including the issuance of opinions on specific tax matters, advisory on the determination of the tax burden and on the revision of tax returns.
The continuous attention paid to regulatory developments allows the Firm to offer professional and prompt updates and to provide clients with the tools and the most appropriate solutions to best manage tax issues.
In this context, Foglia & Partners advises, on an ongoing basis, leading national and international companies with hundreds of millions of Euro in turnover. In addition, Foglia & Partners, in the framework of this activity, has submitted, on behalf of its clients, several ruling requests to the Italian Tax Authority for very complex issues aimed at identifying new and innovative solutions.
Extraordinary transactions, Business Restructuring and M&A
The Firm assists its clients in planning corporate acquisitions and reorganisations, including cross-border transactions....
With particular regard to acquisitions, the activity is focused on the due diligence phase, the analysis of the tax consequences of different alternatives, the assistance in the negotiation with counterparties and in the implementation phase.
As part of this activity, Foglia & Partners has assisted its clients (both buyers and sellers) in important transactions, taking care of both due diligence and contractual aspects.
The Firm's professionals have also gained significant expertise in listing transactions, mergers, demergers, spin-offs, liquidations, takeover bids, corporate reorganisations and restructurings amongst others; through share exchanges or transfers of businesses.
The Firm offers specific expertise regarding the applicable tax regime to all main extraordinary finance transactions...
: issuance, placement and listing of financial instruments (shares, bonds, minibonds) on regulated markets; granting of medium/long-term loans; structured finance transactions; securitisations; factoring. In this area, the Firm also assists issuers and intermediaries involved in the placement of financial instruments in the preparation of prospectuses and Offering Circulars.
Regarding financial taxation, the Firm's professionals have gained significant experience assisting some of the main players in the financial sector (banks, securities, real estate fund management companies, private equity, and venture capital funds) and industrial companies, in both national and international structured finance and capital markets transactions.
In this context, Foglia & Partners has been involved in several capital market transactions.
Litigation and ruling procedures
The Firm assists its clients during tax inspections ...
carried out by the Italian Tax Authority and the Tax Police (Guardia di Finanza), in the pre-litigation phase, with particular reference to the preliminary adversarial procedure and the preparation of defence briefs, as well as in the settlement procedure.
The Firm's professionals have gained consolidated experience in managing relations with the tax authorities and in the defence, on behalf of leading clients, in domestic and international tax disputes in highly complex cases. The Firm's litigation department supports clients in tax disputes with the utmost care during all stages: both in the initial stages of inspections and in the various stages of litigation.
The beginning of the tax litigation and its development in all phases, from the first instance to the Supreme Court judgement, are followed with “tailored” care, defining the defensive strategies on the basis of a deep knowledge of both the relevant substantive issues and all strictly procedural aspects.
As part of this activity, Foglia & Partners assists its clients in court and out-of-court proceedings on very complex issues and very significant amounts.