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MLBOs and seller reinvestment back under the tax spotlight

Publication date
06/2025
Language
English

Merger Leveraged Buy-Out (MLBO) transactions, widely used in the private equity sector, have once again come under scrutiny by the Italian Tax Authorities, despite previous ministerial guidance appearing to confirm their legitimacy.

Nino Bosco and Luca Vitale examine the latest allegations involving abuse of law, with a particular focus on cases where sellers reinvest part of the sale proceeds.

Luca Vitale
Nino Bosco