ECJ must still answer VAT exemption question for defined contribution schemes after Wheels ruling
Originally printed in International Tax Review Premium on 14 March 2013
The European Court of Justice (ECJ) handed down judgment in Wheels Common Investment Fund Trustees Ltd and Others v Commissioners for HMRC on March 7 2013.
Robert Waterson, senior associate at Hage Aaronson, analyses the ruling and explains why the ECJ still needs to answer the question of whether management services provided to defined contribution schemes could qualify for VAT exemption.
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