Private Equity and Real Estate Funds
Starting from the 1980s, Di Tanno e Associati was one of the first firms to manage the establishment and to oversee the consequent activity of Venture Capital and Private Equity funds internationally and, later, nationally.
In particular, the Law Firm provides tax and regulatory advice to major Italian and foreign investments funds. In relation to tax advice, the assistance covers all stages of life of the fund, from establishment to liquidation and, with regard to the tax regime of the investment vehicle itself, the treatment of distributions to investors as well as the tax regime of the management company and the managers. The tax consulting also includes the analysis of investments and divestments in Italy and abroad and the scrutiny of the related tax issues.
The Law Firm, in addition, provides assistance to funds during tax audits by the Tax Administration and in subsequent deflationary procedures or tax litigations. From a regulatory perspective, the Law Firm has developed particular expertise in providing advice during the phases of establishment and subsequent management of the funds, providing assistance in relationships with the Authorities involved.
In the Real Estate sector, the Law Firm assists real estate operators at all stages of the investments, until their realisation. Di Tanno e Associati represents major real estate companies in all aspects relating to property tax.
In addition, the Law Firm represents Italian and foreign real estate funds both in the phase of establishment and when making real estate investments. In that regard, the Law Firm dealt, inter alia, with the establishment of the first Italian public contribution fund, the first fund dedicated to foreign private institutional investors and it oversaw, from concept to realisation, the first major REIT. Over the years, the Law Firm has overseen various reorganisation operations of real estate investments.