- The German tax authorities have issued a letter introducing a VAT exemption for the management of alternative investment funds
- The scope of the VAT exemption has been expanded to include all alternative investment funds (AIF) under the Capital Investment Code
- The exemption now applies to the management of various types of investment funds, including OGAW, AIF, and pension funds
- Administrative services for all AIF are now VAT exempt, including venture capital funds
- The need to compare AIF with OGAW for VAT exemption has been eliminated
- The rules are to be applied to transactions after December 31, 2023 according to the updated UStAE regulations.
Source: haufe.de
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Germany"
- Updated VAT Rules for Virtual Events: New Guidance on Supply and Exemptions
- BMF Allows EU Official Languages for Invoice Details in VAT Regulations Update, September 2025
- Federal Fiscal Court Ruling on VAT Exemption for Disability Assistance Services Funded by Personal Budget
- Tax Exemption for Care Services Funded by Personal Budget: Federal Fiscal Court Ruling 2025
- VAT Input Tax Adjustment under § 15a UStG for Legal Assessment Changes (OFD)
