In 2018, GVL made a document called "GVL info on 2018 payout volumes" available for download. This letter was intended to assist our beneficiaries with their tax returns and help them avoid large deductions. However, it was not legally binding for the responsible tax authorities.

In it, we explained that due to a fundamental technical system change, GVL exceptionally had to carry out three final distributions at the same time in 2018 (for the years 2010-2012). Accordingly, unusually high amounts of revenues were distributed to our beneficiaries that year.

Since then, GVL distributions have become more predictable: In 2020, there was still a double final distribution for the years 2013 and 2014. In 2021, as previously announced, the final revenues for the years 2015 and 2016 were distributed. In 2022, a double final distribution will take place for the last time and include the years 2017 and 2018.

The argument of "unforeseen" high distributions is therefore no longer tenable. We can therefore no longer provide certificates.