Insight
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Insight
Proposed extension of VAT Exemption for Management of all Alternative Investment Funds (AIFs)
On 4 April 2023, the German Federal Ministry of Finance (BMF) and the German Federal Ministry of Justice (BMJ) announced a draft bill for an Act on Financing of Future-Proof Investments (“Zukunftsfinanzierungsgesetz”). This Act on Financing of Future-Proof Investments aims in particular at extending the existing VAT exemption for the management of certain investment funds to the management of all Alternative Investment Funds (AIFs).
in: Private Equity Magazin, www.pe-magazin.com, April 6, 2023