After almost four years of waiting, the US Treasury Department and the IRS have finally issued Final Regulations with regard to “qualified foreign pension funds” (“QFPF”) and their tax treatment under US tax laws. The Final Regulations provide welcomed guidance ... (more)
The 2022 Annual Tax Act, which was passed by the German Federal Council (Bundesrat) on 16 December 2022 (Federal Law Gazette I 2022, 2294), will also result in amendments to the German Investment Tax Act. The aim of the amendments is ... (more)
Investment funds holding assets affected by sanctions due to the Ukraine war need to solve problems caused by their lack of liquidity. One solution is to separate the illiquid assets into so-called side pockets. With regard to the tax consequences ... (more)
