Comments on ECJ C-250/21: CJEU confirms that sub-participations are exempt from EU VAT

In its October 2022 decision in O. Fundusz Inwestycyjny Zamknięty reprezentowany przez O S.A. (Case C-250/21), the Court of Justice of the European Union (CJEU) confirmed that a sub-participation falls within the exemption from VAT for granting credit.  The decision will be a relief for banks and other lending institutions, after Advocate General Medina’s opinion in this case earlier this year, which suggested that a sub-participation might not be exempt from VAT.

Source: weil.com

See also ECJ C-250/21 (O. Fundusz lnwestycyjny zamknięty reprezentowany przez O) – Judgment – Exemption for the granting of credits apply applies to sub-participation agreements

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