Suchergebnisse für: `securities-lending` (3 gefunden)

1. 16. November 2016

   Schematic loan and return of securities

   The Finance Ministry has decreed on a Supreme Tax Court judgment regarding securities lending schemes and provides some guidance as to when a transfer of economic ownership of the securities takes place.

   Kategorien: Official Pronouncements

   Schlagwörter: economic owner, beneficial owner, securi ...
2. 02. Januar 2018

   Investment funds: Lending or repo transactions over stock ma ...

   Stock lending – a potential show stopper. The new German Investment Tax Act (GITA) has not yet kicked in and the rules are already becoming more and more complex.

   Kategorien: Official Pronouncements

   Schlagwörter: securities lending, repo transactions, s ...
3. 31. März 2025

   Economic ownership of shares assigned as collateral

   In a most recent decision, the Supreme Tax Court held that the shares transferred by way of security are attributable to the purchaser ( who is also the secured party) as of the date of transfer of ownership if the purchaser can legally and effectively exercise the material rights associated with the shares (in particular the sale and exercise of voting rights) and regardless whether the security event occurs.

   Kategorien: Supreme Tax Court cases

   Schlagwörter: Collaterals / Sicherheiten, share transf ...