New VAT context for the investment fund industry

This treatise looks into the interaction between the investment fund industry and the EC VAT rules against the framework of the ever-increasing outsourcing needs and requirements in this industry. The topic is dealt with through the analysis and review of the two major VAT cases decided by the European Court of Justice: the Bank Bruxelles Lambert case and the Abbey National case. The way in which said cases affect the European fund industry is considered with a specific focus on Luxembourg.