Acquisition Of Shares By Fund Manager (RETT)

The acquisition of shares in a real estate company by a fund manager is taxed with real estate transfer tax, also when the manager does not acquire any economic interest with these shares. This even applies in case no RETT would have been due by the fund investors if these investors would have acquired the shares directly but are required to have the shares acquired by the fund manager. This was ruled today by the Dutch Supreme Court. This article is available in German.

Bei Erwerb von Anteilen an Grundstückgesellschaften durch die KVG eines deutschen Immobilien-Spezialfonds fällt, wie am Freitag, den 9. April 2021 vom höchsten niederländischen Gericht beschlossen, auch dann niederländische Grunderwerbersteuer an, wenn die KVG selbst keinerlei wirtschaftliche Beteiligung an der Grundstückgesellschaften erwirbt.