Ucits and Taxation. Towards the Harmonization of the Taxation of Ucits

By Adema and Raymond P.C. Adema

Undertakings for the Collective Investment of Transferable Securities (UCITS) involve collective investment funds, which are authorized to market their units among countries within the European Union. The objective of the original UCITS directive was to allow for open-ended funds investing in transferable securities to be subject to the same regulation in every Member State. It was hoped that once such legislative uniformity was established throughout Europe, funds authorized in one Member State could be sold to the public in each Member State without further authorization, thereby furthering the EU's goal of a single market for fi nancial services in Europe.

• Format: Hardcover
• Language: English
• ISBN: 9041128395
• ISBN13: 9789041128393
• Release Date: December 2009
• Publisher: Kluwer Law International
• Length: 537 Pages
• Weight: 2.35 lbs.
• Dimensions: 1.4" x 6.4" x 9.7"