- On October 5, 2023, the Court of Justice of the European Union (CJEU) held a hearing regarding the VAT exemption for the management of pension funds.
- This hearing was prompted by preliminary questions from the Gelderland District Court to determine if pension funds can be considered comparable to a common investment fund and thus eligible for the VAT exemption.
- The hearing raised various questions about the Dutch pension system, and the Advocate General is expected to provide a conclusion on January 11, 2024.
- The outcome of this procedure could impact the qualification of services provided to pension funds. If pension funds are deemed comparable to a common investment fund, management services would be exempt from VAT.
Source PwC
See also
- Join the Linkedin Group on ECJ VAT Cases, click HERE
- VATupdate.com – Your FREE source of information on ECJ VAT Cases
Latest Posts in "European Union"
- VAT Concepts Explained: Chain Transactions/Triangulation
- E-Invoicing in France, Germany, and Italy: Systems, Timelines, and Regulatory Models Compared
- EU Council and Parliament Agree on Major Customs Reform, Introducing Single Data Hub and New Authority
- EU Reaches Historic Agreement on Customs Union Reform, Modernising Rules for E-Commerce and Trade
- EU Customs Union Undergoes Major Reform for Smarter Data and Stronger Borders
