The dynamics of global capital markets make it increasingly difficult for advisors and, not least, private investors to achieve targeted risk diversification with traditional investments such as stocks and bonds. Against this backdrop, the inclusion of alternative investments is becoming increasingly significant. This book provides the reader with an overview of the taxation of selected asset classes in traditional capital investment, as well as a comprehensive presentation of the tax implications triggered by alternative investments such as REITs, hedge funds, or private equity. Additionally, the changes in taxation in asset investment due to the flat-rate withholding tax are explained.