Alternative Investment Fund Managers Directive (AIFMD) tax mechanism
Download legislation and guidance on the new AIFMD mechanism, including relevant forms to elect into the mechanism and make returns to HM Revenue and Customs (HMRC).
The legislation for the AIFMD mechanism can be found in Part 3 of Schedule 17 to the Finance Act 2014.
Technical note and guidance
HMRC published a technical note and guidance on several aspects of the changes to partnership taxation, alongside the legislation.
- Consultation outcome
- Policy paper
Election form and guidance
In order to make use of the mechanism, firms must elect to HMRC in writing, within 6 months of the end of the first period of account for which they wish to use the mechanism.
Special return and guidance
In a year when the firm wishes to make use of the mechanism, it must make a special return to HMRC.
Vesting form and guidance
In a year when there is a vesting event, firms must notify HMRC of that event.
Published: 29 January 2015
From: HM Revenue & Customs