Tax Exemption of Foreign Investment Funds – Finnish Perspective on Advocate General Pitruzzella’s Opinion in ECJ C-156/17 (Köln-Aktiefonds Deka)
In many member states’ tax law, mutual investment funds are relieved from double taxation, i.e. proceeds from investments are taxed only once even though they are earned on two levels: first at the level of the fund, and then at the level of the owners of the fund. The logic behind this is that mutual…