Important Step towards the VAT Exemption of Investment Advice for Funds
|by Arendt Medernach - Luxembourg Office|
|December 20, 2012|
On 8 November 2012, the Advocate General (“AG”) released his conclusions before the Court of Justice of the European Union (“CJEU”) in the “GfBk” case (C-275/11) which deals with the question of whether investment advisory services in the fund industry benefit from a VAT exemption.
The views expressed in this document are solely the views of the author and not Martindale-Hubbell. This document is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance.
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