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This excerpt taken from the LUX 20-F filed Jun 29, 2007. Transfer
Tax. An Italian transfer tax is normally payable on the
transfer of shares in an Italian company by and/or to Italian residents; no
general exception is provided from the transfer tax for transfers made by
non-residents of Italy. However, sales of securities on a regulated stock
exchange are exempt from the Italian transfer tax.
This excerpt taken from the LUX 20-F filed Jun 28, 2006. Transfer
Tax. An Italian transfer tax is normally payable on the transfer
of shares in an Italian company by and/or to Italian residents; no general
exception is provided from the transfer tax for transfers made by non-residents
of Italy. Sales of securities on a stock exchange are exempt, however, from the
Italian transfer tax.
This excerpt taken from the LUX 20-F filed Jun 29, 2005. Transfer Tax. An Italian transfer tax is normally payable
on the transfer of shares in an Italian company by and/or to Italian residents;
no general exception is provided from the transfer tax for transfers made by
non-residents of Italy. Sales of securities on a stock exchange are exempt,
however, from the Italian transfer tax.
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