The European Commission and German parliamentarians hold the future of market harmonisation across t...
The European Commission and German parliamentarians hold the future of market harmonisation across the EU in their hands this week after news that the German government is proposing a new tax law starting in February that would discriminate between domestic and non-domestic investment funds. The Steuervergünstigungsabbaugesetz, or "law aiming to reduce tax benefits and exemptions" will sharply increase the government's capital gains tax revenue and introduce different rates for domestic and non-domestic funds. Opponents to the new law say that these different rates clearly co...
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