Given the existing tax rules for alternative investment funds, the Netherlands is now among the top-rated countries as a potential business location for asset managers and their funds, according to consultant KPMG.
Marco Frikkee, who is a member of the consultant's investment management team, said: "With the new legislation, Netherlands-based asset managers could optimally apply easing tax rules to reduce unnecessary costs from existing tax and legal structures. According to KPMG's Frikkee, the country is now also in the Top 5 in terms of attractiveness for property fund managers and private equity fund managers.
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