About
Nicola Saccardo is a Partner of Charles Russell Speechlys LLP. He is admitted to practise in Italy as a lawyer and as a chartered accountant, and in England and Wales as a solicitor. His area of expertise is Italian tax law, with a focus on taxation of trusts, estates and HNWIs; relocation of HNWIs; estate tax planning; and international and EU tax law.
He is the Chair of the Tax Committee of the International Academy of Estate and Trust Law, a member of the International Estate Planning Committee of the American College of Trust and Estate Counsel, the former Chair of the International Client Global SIG Steering Committee of STEP and a member of the Cross-Border Estates Global SIG Steering Committee of STEP.
He is the editor of the International Family Offices Journal and of the book Global Mobility of Ultra-High-Net-Worth Individuals, both published by Globe Law & Business Limited together with STEP, and he is the editor of the book Tax Implications of Brexit, published by Bloomsbury.
He is the co-editor of the book Family Offices, published by Globe Law & Business Limited together with STEP, and he is the co-editor of the book International Succession Laws, published by Bloomsbury.
He was the module leader of the course EU Tax Law at the LL.M. of King's College London from 2018 to 2022.
He is ranked as leading expert in several legal directories, including Chambers High Net Worth, Legal Week Private Clients Global Elite, Citywealth Leaders list, Who’s Who Legal: Private Client and Who’s Who Legal: Thought Leaders - Global Elite in the Private Client section.
Chambers HNW has described him as "one of the key players in this area in terms of cross-border situations", "extremely competent with high technical skills. He is very pragmatic and has a great knowledge of tax issues”, "a great international tax lawyer. … technically superb", “able to pull together the tax and succession advice seamlessly, which was just phenomenal", “the leading Italy private clients lawyer”, "has an international perspective which is unrivalled”, “is like a walking encyclopaedia of cross-border Italian-UK law”, “is first-rate” and “is a very creative thinker, he thinks strategically and is open to all ideas”.
In 2023 he won the 2023 Chambers HNW awards as Foreign Jurisdiction Expert and was included in the Eprivateclient 50 Most Influential.
Experience
- Assisting many HNW individuals, entrepreneurs, and investors on the relocation to Italy under Italian lump sum tax regime. Most of the cases involved obtaining rulings on complex issues regarding for instance the treatment of trusts and other holding structures, of the sale of businesses and of carried interest
- Obtaining a positive tax ruling on the opaque nature of a Jersey trust with an Italian resident settlor and beneficiary
- Advising a US citizen resident of Italy in relation to the tax ramifications from his beneficial interest in several US trusts
- Advising an Australian HNW individual on the structuring of the purchase of high value Italian real estate
