- When a mutual investment fund is extinguished, the management company (SGR) is not directly responsible for the unpaid VAT unless the Tax Agency asserts a separate liability.
- The Court of Cassation ruled that the SGR is only responsible for accounting tasks, and the fund itself is liable for taxes.
- The SGR is the formal taxpayer, but the fund is the one responsible for taxes in substance.
Source: eutekne.info
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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