Tuesday January 7 2014

News Source: Fund Regulation

Focus: General - Fund Regulation

Type: General

Country: Germany




The Act on the adaption of the German Investment Tax Act (Investmentsteuergesetz) and other acts to the AIFM Implementation Act (“AIFM-StAnpG”, AIFM Tax Act) has now been adopted in Germany. The AIFM Tax Act provides for an adaption of the terminology and the scope of application of the German Investment Tax Act (“InvStG”) to the new German Capital Investment Act (“KAGB”), which replaced the previous German Investment Act (“InvG”) with effect from July 22, 2013.

The new AIFM Tax Act is expected to enter into force at the date following the date of promulgation of the act in the German Federal Law Gazette.

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