PropertyEU

IGD set to become first Italian SIIQ

By A staff reporter 2008-04-22T00:00:00

Italian listed retail property company Immobiliare Grande Distribuzione (IGD) said it has decided to elect for the tax-efficient SIIQ status with retroactive effect to January 1, 2008. Opting for SIIQ status 'will result in the exemption of income from rental activities for the purposes of IRES (corporate income tax) and ...

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