Tremonti Partners — Italy

About

The firm: Tremonti Partners was established in the early ’80s by Giulio Tremonti – the former Italian Minister of Economy and Finance – under the name Studio Tremonti e Associati. Since its inception, the firm has been growing steadily to reach its current size of approximately 50 professionals working between its Milan and Rome offices. In 2025, the firm opened a US desk in Washington D.C. staffed by a local professional with extensive experience, primarily dedicated to assisting its Italian and American clients in bilateral procedures relating to transfer pricing. For more than 30 years, the firm has been providing a full range of tax advice and related services to domestic and international clients on the main corporate, industrial and financial transactions carried out in the Italian market. The firm’s professionals are particularly experienced and skilled in a number of tax areas including corporate and M&A, reorganisation, private equity, banking and finance, securitisations, structured finance, NPL, debt restructuring, real estate, VAT, Patent Box and transfer pricing. The firm also provides ongoing advice and assistance to clients during the course of tax audits, tax litigation and settlement proceedings with the Italian Revenue Agency; defending clients in proceedings before the tax courts at all levels of jurisdiction. More recently, the firm has grown its expertise by adding new teams dedicated to M&A, Restructuring & Insolvency, Trusts & Estate Planning, Corporate Governance and Financial Markets. - Main areas of practice M&A and capital markets: The firm assists clients in strategic tax planning and in carrying out a very diverse range of extraordinary transactions, from private equity and leveraged buy-outs, to reorganisations of both domestic and international groups. The firm’s professionals also have ample experience in listings on the stock exchange, initial public offerings, and swaps, mergers, de-mergers and liquidations. Corporate and group taxation: The professionals provide strategic planning advice to corporate groups and assist clients in availing of tax incentives and cooperative compliance programs. The firm provides all types of tax opinions and secures tax rulings and technical advice from the Italian Revenue Agency. Taxation of financial instruments: The firm advises banks, financial institutions and investment funds in relation to Italian and international financial transactions, handling the drafting and negotiation of multilateral financial agreements (including high yield bonds) and the drafting of legal opinions concerning structured finance, non-performing loans and capital market transactions. International taxation: The firm advises its clients on the application of European regulations, double taxation conventions and Italian rules applicable to international operations, whilst having constant regard to the ever-changing interpretative developments at both the EU and the OECD level. The firm regularly assists clients on transfer pricing and multi-jurisdictional tax controversies, including MAPs. Moreover, thanks to the support of its international network, the firm is also able to guide its clients in their international activities, with a special focus on cross-border mergers and acquisitions, joint ventures, spin-offs, business restructuring, cross-border financing and structured finance products. Transfer pricing: The dedicated transfer pricing team has gained vast experience in international procedures, such as Advance Pricing Agreements (APA) and Mutual Agreement Procedures (MAP) both in Italy and abroad. The firm advises clients on transfer pricing, assisting both in the design of their TP policy and in the negotiation and conclusion of international procedures. The firm also regularly gives assistance on transfer pricing litigation and pre-litigation matters. Real estate: The firm works with the main operators in the domestic and international real estate markets regarding acquisitions, leasings, financings, divestitures, sale-leasebacks and also provides tax advice concerning transactions concluded on regulated markets by means of closed real estate funds set up under Italian law. Tax litigation and tax rulings: The firm is fully experienced in working with the Tax Authorities and in assisting clients during domestic and international tax litigation. The professionals specialise in matters related to direct taxes, VAT, registration tax, international taxation, transfer pricing and local taxes, assisting clients during the tax audit phase and throughout extra-judicial and all other types of pre-litigation procedures. The expert team of lawyers is skilled in providing assistance in litigation proceedings before the Tax Courts, the Supreme Court, and the European Courts. The team also assists clients in the filing of all types of requests with the Italian Revenue Agency, including applications for international rulings and requests for new investments. Taxation of individuals: The firm advises individuals on estate and inheritance tax planning and asset protection (eg corporate structures, family agreements, trusts, foundations, etc). The firm also advises corporations and their executives on all aspects of planning and implementation of incentive plans, stock option plans and welfare aziendale, as well as qualified stock options. VAT, indirect and local taxes: The firm provides assistance to clients in relation to VAT matters both in terms of standard business operations and in the most complex domestic and international transactions (eg by means of VAT grouping or consortium company structures within the banking sector). The firm’s professionals are also experienced in the areas of registration tax and other indirect taxes, providing consultancy in relation to the main recurring and non-recurring issues. International work: A large part of the activity of the firm involves international clients and cross-border operations. Over the years, the firm has built up a network of high-profile law firms and tax firms in the main European and non-European jurisdictions. These relationships allow the firm to provide its clients with complete assistance and advice in the global market. The main focus of the firm’s international work is, among others, on cross-border mergers and acquisitions (both inbound and outbound), initial public offerings and other exit strategies, as well as in structuring financial products, Pan-European private equity, venture capital, other closed-end funds, cross-border financing transactions and securitisations. ### Languages - Albanian - English - French - German - Italian - Spanish

Office locations

Practice areas

Lawyers in this office

Anna Maria Gulino

Partner Anna Maria Gulino regularly assists corporate and private clients in relation to tax audits, pre-litigation proceedings, tax litigation up to the Supreme Court level, tax ruling requests and MAPs, in domestic and/or international tax matters. She has successfully concluded sizeable administrative and judicial refund procedures for tax withholdings unduly suffered in Italy by multinational groups and foreign funds. Among her main clients are banks and financial institutions, investment funds, and Italian and foreign industrial groups operating in a wide range of sectors. · Tax

Cristiano Caumont Caimi

Equity Partner Cristiano Caumont Caimi regularly advises corporate and private clients in relation to tax audits, pre-litigation proceedings, tax litigation up to the Supreme Court level, ruling requests, MAPs and APAs, in domestic and/or international tax matters. He has successfully concluded sizeable refund procedures, administrative and judicial, for tax withholdings unduly suffered in Italy by multinational groups and foreign funds. Cristiano also assists private clients, both Italian and foreign, in relation to relocations, wealth management, trusts and estate planning. Among his main clients are banks and financial institutions, investment funds, Italian and foreign industrial groups, high net worth families and family offices. · Tax

Laura Gualtieri

Equity Partner Laura Gualtieri assists leading companies, banks and private equity funds in tax matters. She has extensive experience in all areas of tax law and is actively involved in structuring domestic and international transactions in the M&A, private equity, restructuring and real estate sectors. Laura also provides expert assistance to clients in dealing with tax authorities in relation to ruling requests, patent boxes, tax audits and tax settlements. · Tax

Laura Puddu

Equity partner Laura Puddu regularly assists corporate and private clients in relation to tax audits, pre-litigation proceedings, tax litigation up to the Supreme Court level, ruling requests, MAPs and APAs, in matters of domestic and/or international taxation. She has successfully completed significant tax litigation proceedings on behalf of leading domestic and international industrial groups, financial and insurance institutions, and has reached numerous extra-judicial settlements, both in the pre-litigation and litigation phases. She is the author of publications on tax matters in specialised journals and is a lecturer for the Master's Degree in Taxation at Il Sole 24 Ore. She contributes to the development of Italian and international practice by participating in consultations organised by the Italian Revenue Agency. · Tax

Lorenzo Piccardi

Managing partner Lorenzo Piccardi mainly deals with international taxation, transfer pricing, M&A and structured finance. He has provided tax assistance on numerous capital market/debt and structured finance transactions relating to bond issues at both domestic and international level, as well as bank loans (Senior, Bridge, Revolving, etc...). He also provides tax assistance to high net worth families and family offices. He is the author of publications on tax matters in domestic and international specialist journals and has participated as a speaker at conferences and specialist seminars. · International Taxation

Stefania Trezzini

Equity partner Stefania Trezzini regularly assists corporate and private clients in relation to domestic and/or international tax matters. Among her main clients are multinational groups, Italian and foreign banks and financial companies (including, among others, asset management companies, insurance companies, leasing and factoring companies and trust companies), as well as investment funds (including private equity and venture capital funds, real estate funds and sovereign wealth funds), industrial and commercial companies and family offices. Stefania also assists private clients, both Italian and foreign, in relation to transfers of residence, family wealth management, trusts and estate planning. Her areas of expertise include international taxation, banking and financial intermediary taxation, taxation of private equity and venture capital transactions, capital markets and structured finance transactions, financial instruments and financing transactions. She has also gained significant experience in corporate reorganisations and M&A transactions, real estate transactions and the structuring of management and employee incentive plans. Stefania is the author of several publications on tax matters in Italian and foreign specialist journals, has participated as a speaker at conferences and seminars. · Tax