Tax issues should be ironed out if UCITS IV is to serve as
the platform for a truly pan-European product, according to a
report by KPMG.
Certain national tax rules have been amended to make UCITS
IV more workable, according to the report entitled: Fill the
glass to the brim II: have we broken through?
In efforts to remain attractive as locations for managing
investment funds, countries like Italy, Ireland, Luxembourg and
Sweden have introduced new tax rules that should allow...