EC take further steps against fund discrimination

Professional Adviser
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The European Commission has taken another step in the campaign against discrimination against foreig...

The European Commission has taken another step in the campaign against discrimination against foreign funds in Europe, IMA says. In its latest bid to make it easier for foreign funds to enter parts of the Germanic market, the Commission has sent official requests to Germany and Austria to end the tax discrimination against foreign investment funds. Moving closer to the vision of a single market for asset management in Europe, the Commission has also sent a formal request for information to France. This comes at the same time as Germany publishes its new tax law - desig...

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