Italy Clarifies Exemption from Financial Transaction Tax on the Sale of Shares Between Companies with Common Control
The Italian Revenue Agency has published Resolution No.38/E of 29 March 2019 concerning the application of financial transaction tax on the sales of shares between companies with common control. The resolution addresses a case involving the sale of an Italian entity by a Dutch holding company to a UK holding company, both of which are owned by two other Dutch and UK entities in the same propor…
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