In early August, the German government passed draft legislation to prevent VAT losses on trade in goods on the internet and to amend other tax rules and regulations. The preliminary technical drafts for this legislative project carried the working title "Annual Tax Law 2018". This "Annual Tax Law" is intended to implement professionally required and necessary changes in tax law. These also include, among others, the amendments to the Investment Tax Act, which we will examine below (for more information on the planned tightening of inbound real estate investments, please see our beinformed dated July 31, 2018).