Ireland's Finance Bill 2012 provides further tax efficiency and certainty for funds established in Ireland.
Seeking to inject a note of certainty for UCITS IV funds, the Irish Funds Industry Association (IFIA) reported on how Finance Minister Michael Noonan has kept his Budget speech promise to include a number of “very welcome measures that will enhance Ireland's attractiveness as a location for regulated investment funds generally and UCITS IV funds specifically.” The recently announced Finance Bill 2012 has included provisions to provide further tax efficiency and certainty for the cross-border merger of investment funds and ‘master-feeder’ structures, two significant features of the UCITS ...
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