Information in accordance with the German Investment Tax Reform Act

On this page, you will find all important information in accordance with the German Investment Tax Reform Act for ERSTE IMMOBILIENFONDS and ERSTE RESPONSIBLE IMMOBILIENFONDS. For a better understanding of all documents, we recommend consulting with an Erste Bank or Sparkasse advisor or your tax advisor.  

Information for natural persons with unlimited tax liability in Germany who hold their fund units in an Austrian securities account:

On 1 January 2018, the Investment Tax Reform Act (Investmentsteuerreformgesetz, InvStRefG) came into force in Germany.

From this date onwards, a distinction is made between ‘real estate funds’, ‘equity funds’, ‘mixed funds’ and ‘other funds’ for taxation purposes. Natural persons with unlimited tax liability in Germany must, as before, include or report the income from investment fund units held in an Austrian securities account in their individual tax returns, as determined in accordance with German tax law. Please contact your tax advisor. The necessary information on the respective share certificate can be found here: