VAT Deductibility for Pension Fund: Execution of Pension Schemes and Insurance Exemption Conditions

• The case concerns a sector pension fund outsourcing pension management and seeking to deduct VAT on related costs.
• The court rules that pension execution services for employee participants are subject to VAT, as the insurance exemption does not apply due to lack of a strict premium-payment condition.
• For other participant categories where benefit depends on premium payment, the insurance exemption applies and VAT deduction is not allowed.
• The court decides that VAT is due on the entire premium received by the fund, not just the portion covering administrative costs.

Source: uitspraken.rechtspraak.nl

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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