- Italian Supreme Court rules expenses in SPV during MLBO can qualify for VAT deduction
- Ruling clarifies nature of expenses in SPVs in MLBO transactions
- SPVs are created for acquisition of target companies through leveraged financing
- Costs incurred by SPV before merger are considered preparatory for acquisition
- Ruling allows for VAT deductions on expenses related to acquisition process
- Impacts how companies structure financial operations during mergers
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.
