The German Investment Tax Reform Act has been approved by parliament and published in the Official Gazette on 26 July 2016. The two main measures are summarized as follows.
Domestic Investment Funds
Domestic investment funds will no longer be treated as transparent with regards to German source dividend income, rental income and real estate capital gains, with the 15% corporate tax plus surcharge applying on such income at the level of the fund. However, other income, such as interest and…