VAT exemption for fund management services ruling and its implication for the industry Webinar
VAT exemption for fund management services ruling and its implication for the industry Webinar
Published on 16 May 2016
On 9 December 2015 the European Court of Justice issued a ruling on the VAT exemption for fund management services deciding that the management of real estate funds may also qualify exempt. However in order to qualify for the exemption an investment fund must be regulated (i.e. subject to governmental supervision). Consequently, the management of a regulated real estate fund is exempt from VAT. However, property management of real estate held by such fund cannot benefit from the VAT exemption for fund management according to the ECJ.
During this webinar Maarten de Bruin and Wim Panis Partners at Stibbe provide participants with an overview of the ruling and the implications it will have on the real estate investment management industry in the major European jurisdictions:
The webinar will cover the following topics:
- Scope of the ruling
- Definition of regulated vs unregulated funds and how this affects the VAT exemptions
- Impact on fund structuring and fees
- Case studies
- Future outlook
The webinar is aimed at fund managers, investors as well as advisors who wish to get a practical update on the current changing tax regime and how this affect fund structuring efficiency.