VAT Focus - A round-up Of Recent VAT-related Developments, May 2007.

Mondaq Business BriefingNbr. 2007, January 2007

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Value added tax

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VAT Focus - A round-up Of Recent VAT-related Developments, May 2007.

Should investment trust management be exempt from VAT?

The Advocate General (AG) of the European Court of Justice (ECJ) has released her opinion in the case of JP Morgan Fleming Claverhouse.

The taxpayer had argued that the management of an investment trust company (ITC) should be treated like the management of an authorised unit trust (AUT) or an Open Ended Investment Company (OEIC). Both quali...

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