Demolition of Milan’s iconic San Siro stadium brings benefits to funds in tax havens

16 December 2022

Maria Maggiore

Social Justice/Untaxed

Demolition of Milan’s iconic San Siro stadium brings benefits to funds in tax havens

Maria Maggiore

16 December 2022

About Untaxed

European governments give huge tax benefits to real estate investors and owners - a policy that is common in many member states despite all political differences. Over the past months, Investigate Europe’s team analysed the taxation and loopholes for real estate investments in several European countries. This lures billions of euros to the overheated real estate market.

The demolition of the stadium raises economic and environmental concerns. The owners of the land, meanwhile, are set to lose huge revenues in the deal struck with opaque investment firms.

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