VAT-Based Structuring of the Administration of Investment Funds - McDermott Will & Emery

VAT-Based Structuring of the Administration of Investment Funds

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Overview


Kian Tauser wrote this bylined article on Germany’s turnover tax treatment of administrative services for investment funds. Mr. Tauser wrote that regulators have substantially modified their view on the exemption of administrative services, especially in the case of outsourcing, and urged capital management companies to review the provision and purchase of administrative services to ensure they are appropriate for turnover tax purposes.