Germany - Draft Legislation Amending Germany’s Investment Tax Law in Line with the AIFM Directive
- J. Grabbe; M. Simonis; S. Behrens
- Derivatives & Financial Instruments, 2013 (Volume 15), No 3
- 13 May 2013
On 30 January 2013, the German federal cabinet approved the bill amending the German Investment Tax Act reflecting the draft Capital Investment Act which transposes the EU Alternative Investment Fund Managers Directive into German law. If not an “investment fund”, a collective investment undertaking might be classified as an investment corporate vehicle or as an investment partnership, each of which is subject to a separate tax regime. This article provides an overview of the changes which are due to take effect on 22 July 2013.