- ECJ considered whether Dutch pension funds qualified as ‘special investment funds’ (SIFs)
- Pension funds must be comparable to UCITS to qualify as SIFs
- Investment risk borne by members must be comparable to UCITS investors
- Benefits must depend primarily on investment performance
- National court to assess if members bear sufficient investment risk
- Principle of fiscal neutrality requires comparison to other SIFs by EU member states
Source: taxscape.deloitte.com
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.
Latest Posts in "European Union"
- The EU Commission proposes new collaborative measures in view of ViDA
- How did the EU Member States implemented ”Domestic Reverse-Charge” (Art. 194 of the Directive 2006/112)?
- ECJ/General Court VAT Cases – Pending cases
- ECJ VAT Cases decided in 2025
- Comments on GC T-657/24: VAT exemption for credit intermediation applies when the intermediary searches for and recruits customers
