Newsalert - Conclusions of General Advocate Hogan on trasfer taxes regime of closed- ended REIFs


On 25 February 2021, the General Advocate Gerard Hogan issued his conclusions in relation to the joined cases C-478/19 and C-479/19 (UBS Real Estate KmbH ), concerning the potential infringement of EU principles of the reduced transfer taxes regime applicable to sales and purchases of commercial real estate assets carried on by Italian closed-ended REIFs pursuant to Article 35(10-ter) of Law Decree no. 223/2006.

See the analysis on the topic by our Tax Department.