30 August 2011
The National Association of Pension Funds has reported (see link below) that the landmark case that they and the Wheels Common Investment Fund are pursuing has been referred to the European Court of Justice.
This case is signficant as it focuses on whether defined benefit pension schemes should be required to pay VAT on investment management fees. It’s worth reading the fuller exposition on the NAPF website.
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Author: Martin Veasey
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