CJEU ruled that Companhia União de Crédito Popular’s commissions from auctioning pledged goods are not ancillary to the granting of collateralised loans and therefore do not qualify for VAT exemption.
Source BTW jurisprudentie
See also
- Join the Linkedin Group on ECJ VAT Cases, click HERE
- VATupdate.com – Your FREE source of information on ECJ VAT Cases