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Milan proposes an attractive tax regime – interplay with existing Italian tax rules and some key points

Overview

In the international competition for investors and multinationals, Italy has emerged as a contender. Now the Metropolitan City of Milan has upped the ante, seeking to provide its own incentives to attract more investments into the city.

The new proposals, working together with attractive rules that are already in place at the national level, are intended to make Italy in general, and Milan in particular, an attractive location for multinational groups seeking to relocate their head offices and holding companies.