On 30 January 2013, the German federal government introduced the draft Act Amending the German Investment Tax Act and Other Acts (AIFM Tax Amendment Act, or GITA-AIFM) in order to adapt the German tax laws to the new regulatory regimes which implement the AIFMD into German law, thereby commencing the legislative enactment process, which requires the approval of the upper house of the German parliament.

In our Client Newsletter, we will focus on outlining the scope and timing of the application of the GITA-AIFM and the consequences thereof for different asset and fund types.