PNRR Law Decree: agreed building permit for co-financed student housing
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With Resolution No. 7 of 12 February 2026, the Italian Tax Authority confirmed the deductibility of VAT on transaction costs incurred in MLBO transactions, thereby superseding its previous contrary interpretation. Key takeaways from the Resolution No. 7/2026 include the following: SPV entities in merger leveraged buy-out transactions may deduct VAT on transaction costs and consequently …
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