SERVICES

Tax

Crowe Valente provides comprehensive tax advisory services to Italian and international clients, supporting both routine operations and complex transactions. Our experienced professionals combine deep technical expertise, international perspective, and a pragmatic, business-oriented approach.

OUR MOST RECENT AWARDS

Our Tax Services

Corporate and International Tax

Corporate income tax advisory for Italian companies, groups, holding companies and permanent establishments
International tax planning, including tax residence, permanent establishment risks, withholding taxes and treaty matters
Analysis of business models, commercial flows, financing arrangements and profit repatriation
Support on EU and international tax issues affecting cross-border income flows and group operations
Assistance with tax accounting, reporting, tax positions and financial statement disclosures
Coordination of tax compliance activities, including Italian and overseas obligations

Transfer Pricing

Design and review of transfer pricing policies for goods, services, royalties, financing and other intercompany transactions
Preparation of Master File, Local File and Country-by-Country Reporting documentation
Benchmarking studies, comparability analyses and economic support for intercompany pricing
Value chain analysis, including functions, assets, risks, key value drivers and significant people functions
Financial transfer pricing support for intra-group loans, guarantees, cash pooling and credit rating analyses
Assistance in audits, rulings, APAs, MAPs and transfer pricing disputes

VAT and Indirect Taxes

VAT advisory on domestic transactions, exemptions, deduction rights and invoicing requirements
Cross-border VAT support for EU and non-EU flows, imports, exports, chain and triangular transactions
Review of VAT treatment for distribution models, service arrangements, marketplaces and intercompany flows
VAT compliance support, including returns, filings, reconciliations and refund procedures
VAT health checks to identify exposures, overpaid VAT, documentation gaps and process weaknesses
Assistance in VAT audits, inspections and disputes with tax authorities

M&A Tax

Tax structuring for acquisitions, disposals, mergers, demergers, contributions, spin-offs and business transfers
Buy-side and vendor tax due diligence, including identification of tax risks, exposures and opportunities
Review of transaction documents, including tax warranties, indemnities, covenants and price adjustment mechanisms
Tax modelling of alternative transaction structures, including financing, VAT and withholding tax implications
Support for group reorganizations, post-acquisition integration and value chain transformation projects
Coordination with legal, corporate finance and advisory teams throughout the transaction lifecycle

Tax Governance

Design, review and implementation of Tax Control Frameworks tailored to the company’s size, complexity and risk profile
Mapping of tax risks, controls, responsibilities, processes, information flows and escalation mechanisms
Assessment of existing tax governance models and identification of remediation priorities
Support for Cooperative Compliance readiness and dialogue with tax authorities
Integration of tax governance with corporate governance, internal controls, finance and compliance processes
Training for tax, finance, legal and business teams to embed tax risk awareness into daily operations

Tax Litigation and Criminal Tax

Assistance during tax audits, inspections, questionnaires and requests for information
Technical defence strategy, including assessment of tax positions, evidence and procedural risks
Preparation of memoranda, responses, defensive briefs and supporting documentation
Pre-litigation support, settlement strategy and management of discussions with tax authorities
Representation in domestic and cross-border tax disputes before competent courts and authorities
Coordination with criminal tax specialists where audit findings may involve criminal tax implications

Private Client Tax

Personal income tax advisory for executives, entrepreneurs, shareholders, private clients and high-net-worth individuals
Analysis of Italian tax residence, foreign income, foreign assets and reporting obligations
Support for inbound and outbound expatriates, including applicable preferential tax regimes
Tax advice on executive compensation, bonuses, equity incentives, stock options and carried interest
Coordination with HR, payroll and global mobility teams on cross-border employment matters
Assistance in tax authority interactions, reviews and settlement of personal tax positions

Relocating to Italy: Tax Planning for High-Net-Worth Individuals

Italy offers an attractive tax regime for high-net-worth individuals relocating to the country, including a flat substitute tax on foreign-source income and significant simplifications on foreign asset reporting, wealth taxes, and inheritance and gift tax exposure on non-Italian assets. Crowe Valente assists clients throughout the relocation process, from eligibility assessment and residency analysis to ruling requests, formal election, annual compliance, family planning and post-admission advisory. Our team provides confidential, integrated support for individuals, families and advisors seeking to design a robust and efficient relocation plan to Italy.

Our Approach

We support listed companies, multinational groups, and SMEs in managing tax complexity, ensuring compliance, and proactively addressing risks. Through our involvement in leading international tax policy networks (CFE, IAFEI, GTAP), we provide forward-looking advice aligned with global developments.