CASE STUDY FACTS \"QUID IURIS?\" Unfortunately, a few months ago, an old great-uncle of yours named Antonio, whom you barely knew, passed away. All his life Antonio was a real businessman. He managed to accumulate a significant fortune during his productive professional life. This fortune was made up of various businesses and prOperties across the globe. Antonio was always a lonely man; he had no wife or children. He had a passion for travelling and discovering new places but never had the audacity or the opportunity to dedicate himself to the hotel business. During the last months of his long life he made a testament in favor of his friends and loved ones, which include you. You are in luck, although you hardly knew your great-uncle Antonio, the truth is that he took great care of you during the first years of your life. For this reason, Antonio decided to leave you three plots of land on the island of Mallorca with fantastic sea views, and the sum of 6 million Euros. However, Antonio made the heritage conditional on you building a hotel on each of these plots and exploiting them in a commercial way. In other words, you will only be able to use the heritage left to you by Antonio if you use it entirely for the construction of the hotels and their commercial exploitation. In this context, you will have to take several decisions on different aspects of the design and setting up the business. Please indicate the relevant legal factors that you should consider,inc|uding, when possible, the different legal options available, and the advantages and disadvantages of each option in order to decide on the following matters: a)From a tax point of view, which taxes will have the most impact on your business? What does it mean that VAT is a neutral tax