The German federal government today introduced the draft Act Amending the German Investment Tax Act and Other Acts (GITA-AIFM) to adapt the German tax laws to the new regulatory regimes which implement the European Alternative Investment Fund Managers Directive (AIFMD) into German law, thereby commencing the legislative enactment process.
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While the manual should be consulted for any questions around MAPs, the OECD’s Sriram Govind also emphasised that the guidance is ‘not a political commitment’
The landmark Indian Supreme Court judgment redefines GAAR, JAAR and treaty safeguards, rejects protections for indirect transfers and tightens conditions for Mauritius‑based investors claiming DTAA relief
As tax teams face pressure from complex rules and manual processes, adopting clear ownership, clean data and adaptable technology is essential, writes Russell Gammon, chief innovation officer at Tax Systems