European Fund Taxation and Reporting

After completing this course, participants will be able to understand:

• The basic notions, terminology and importance of European tax reporting applicable to investment funds
• The basics of German, Austrian, Swiss, British, Italian,  Belgian, Norwegian, Swedish, Danish, Luxembourgish and French taxes

• Introduction to pan European tax reporting for funds
• Overview of stakeholders
• Funds Tax Reporting : a challenging area
• Challenges for service providers
• Germany
• Old regime v/s new regime
• Funds classification
• WM DATEN forms and fields
• Equity Ratio ("Kapitalbeteiligungsquote") : calculation, publication, breaches
• Tax events : distribution, merger
• Status Certificate ("Statusbescheinigung")
• Italy
• Background / law decree
• IRRP – Italian Reduced Rate Percentage
• Italian Inheritance Tax
• Belgium
• Annual Tax ("Taxe d'Abonnement")
• Annual Asset Test calculation and publication
• Belgium TIS calculation and publication
• Austria
• OeKB Registration as reporting fund
• Reporting (DDI)
• Switzerland
• Background / overview
• Circulars
• Swiss Net Investment Income calculation and reporting
• AFFIDAVIT status
• United Kingdom
• Reporting fund regime (overview)
• HMRC registration process
• UK Equalization principles
• Taxable income (ERI-Excess of Reportable Income) calculation
• Breaches of the reporting fund regime
• HMRC publication process
• Investor Report publication
• Norway
• Asset Test Principles / Overview
• Sweden
• Monthly and Yearly reporting Principles / Overview
• Denmark
• Equity Based Investment Companies Principles / Overview
• Luxembourg
• Real Estate Tax Principles / Overview
• France
• IFI Principles / Overview

For this training course, an optional exam is available. In case of interest, candidates can choose a date from the list of proposed examinations sessions. Registration for the exam must be made at least five days before the chosen exam date. The exam is subject to a registration fee.