Clifford Chance
Tax news – implementation of the AIFM Directive
4 October 2012
Besides the implementation of the directive 2011/61/EC on Alternative Investment Fund Managers (AIFMD), the bill n°6471 includes tax provisions aiming at (i) improving the tax regime applicable to Luxembourg partnerships and to AIF and (ii) attracting alternative investment fund managers to Luxembourg.
This bill (n°6471) has been submitted to the Luxembourg Parliament on 24 August 2012 and its provisions are likely to enter into force on 1 January 2013. Our legal update of October 2012 details the investment fund and corporate aspects of the bill.
