Netherlands – Asset management services are subject to VAT | KPMG | GLOBAL.
January 22: The Court of Appeals of The Hague, in a December 2014 decision, held that asset management services provided to a Dutch pension fund were not exempt from value added tax (VAT).
The decision—the first by a Dutch court, following a March 2014 judgment of the Court of Justice of the European Union—is not only important for pension funds, but also for asset managers and other service providers.
Read a January 2015 report prepared by the KPMG member firm in the Netherlands: Court of Appeals The Hague: “Asset management services provided to pension funds are not VAT exempt”
Latest Posts in "European Union"
- EU boosts tax cooperation with Andorra, Liechtenstein, Monaco, and San Marino
- Briefing document & Podcast: ECJ C-271/06 (Netto Supermarkt) – VAT exemption granted if fraud undetectable with due commercial care
- Switch to New EU Portal for Customs Applications and CBAM Access Starting 2026
- EU Council Endorses Tax Incentives to Boost Clean Technologies and Industrial Decarbonization
- Key Tax Debates and Decisions at the October 2025 ECOFIN Council Meeting on EU Budget Reform
