The Allen & Overy Luxembourg podcast

ATAD 2: what is the impact on the fund industry?

March 26, 2020

The second anti-tax avoidance directive (ATAD 2) applicable as of 1 January 2020 (except for reverse hybrid mismatches, applicable as of 1 January 2022) will introduce anti-hybrid rules in the European Union. ATAD 2 has a significant impact on how alternative investment funds and their underlying investments are structured. In this podcast Johanna Tschurtschenthaler (Senior Associate, Tax) and Patrick Mischo (Partner, Tax) of Allen & Overy Luxembourg will discuss the basic concepts and how the alternative investments space will be affected (both with respect to existing funds and new fund projects).