Real estate investment trusts (Reits) may not be launched in Germany as planned in January 2006 beca...
Real estate investment trusts (Reits) may not be launched in Germany as planned in January 2006 because of government concerns that international investors might be able to avoid paying tax on dividends. The uncertainty over Reits has been caused by split views within the Federal Ministry of Finance. Speaking at the International Investment German Austrian Forum in Frankfurt, Clemens Schafer, head of product development and management of DB Real Estate Management, said the tax department within the Federal Ministry of Finance is concerned that if a Reit has foreign investors they will not...
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