German issuers pre-empt tax changes with short-tenor autocallables

News

Structured products issuers in Germany have unveiled tax-efficient certificates allowing retail investors to cash in before legislative changes take effect. To account for uncertainty over new tax legislation, investors are showing their preference for products with early redemption, which will allow them to pocket returns before they become liable for taxation at the end of June 2009.

Certificates issued in Germany enjoy tax-free returns provided they are not capital-guaranteed and held for

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: