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Right to VAT Deduction on Costs Incurred by SPVs in MLBO Transactions Confirmed

  • The Italian Revenue Agency confirms that special purpose vehicles (SPVs) are taxable entities.
  • In merger leveraged buy out (MLBO) operations, SPVs can deduct VAT on goods and services they purchase.

Source: eutekne.info

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.



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