Changes in German investment tax law
Please find attached a communication with regard to subsequently published equity gain figures due to changes in German investment tax law:
Note on equity gain ("Aktiengewinn") published subsequently pursuant to the law implementing the judgment of the European Court of Justice on 20 October 2011 in case no. C-284/09 Pursuant to the law implementing the judgment of the European Court of Justice on 20 October 2011 in case no. C-284/09 ("Free-float dividends"), instead of calculating the standard equity gain, as had been done previously, an equity gain under the German Income Tax Act (EStG) (for shares held as part of business assets, by "Business investors", within the meaning of section 3, no. 40 of the EStG) ("Aktiengewinn EStG"), as well as an equity gain under the German Corporation Tax Act (KStG) (for investors obliged to pay corporation tax) ("Aktiengewinn KStG") shall be calculated for the period beginning on 1 March 2013. Both equity gains have been published since 1 July 2013. Both equity gains calculated for the period from 1 March 2013 to 30 June 2013 please find attached.
Allianz Global Investors GmbH, Luxembourg Branch hereby would like to inform about the transfer of Management Company facilities from Allianz Global Investors Luxembourg S.A. to CASO Asset Management S.A. on the funds mentioned in the attached document with effect from 1 July 2014.
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