VAT: Real estate funds management: exemption | Practical Law

VAT: Real estate funds management: exemption | Practical Law

The European Court of Justice has held that the management of regulated property funds is exempt from VAT, but that the management of the underlying properties in those funds is not.

VAT: Real estate funds management: exemption

Practical Law UK Articles 2-622-1693 (Approx. 3 pages)

VAT: Real estate funds management: exemption

by Norton Rose Fulbright LLP
Published on 28 Jan 2016 • European Union
The European Court of Justice has held that the management of regulated property funds is exempt from VAT, but that the management of the underlying properties in those funds is not.