The VAT Exemption for the Management of Special Investment Funds: A Never Ending Journey?
Journal
International
Finance and Capital Markets (formerly Derivatives & Financial Instruments) 2016 (Volume 18), No. 2
Although the journey towards fully understanding the wider implications of the VAT exemption for the management of special investment funds is a long and complicated one, a recent decision of the European Court of Justice sheds light on the path forward.