AIMA response to Inland Revenue (Profits Tax Exemption for Funds) (Amendment) Bill 2018

The Alternative Investment Management Association (AIMA) welcomes the invitation made by the Bills Committee to provide submissions on the measures set out in the Inland Revenue (Profits Tax Exemption for Funds) (Amendment) Bill 2018 (the Bill) in connection with the removal of ring-fencing features under the existing tax regimes for privately offered offshore funds and offshore private equity (PE) funds.