On December 16, 2015, the German Ministry of Finance published the draft law on the reform of the German Investment Tax Act (the "Draft"). This commencement of the legislative process follows a six-month discussion with the German investment industry about an initial draft version already published in June 2015. The Draft reflects, inter alia, comments and remarks of various associations of the German financial industry as well as those raised from certain European investment management organizations. The legislative process is expected to be almost finalized by mid of this year.
You can find the draft law on the reform of the German Investment Tax Act (Investmentsteuergesetz) in our web-based version of the German Investment Tax Act. It is now available online. It highlights the changes and allows you to navigate through the legislative history.