Netherlands - Supreme Court Restricts the Scope of the VAT Exemption for the Management of Special Investment Funds in the Netherlands
- E. van Kasteren
- Derivatives & Financial Instruments, 2017 (Volume 19), No 2
- 23 March 2017
Defining the term “special investment fund” in the VAT exemption for the management of special investment funds, the Dutch Supreme Court opts to follow the referral of the Fiscale Eenheid X case and rules on the management of a pension fund executing a defined-benefit scheme.