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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.

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).

Source: mondaq.com

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