VAT Treatment of Financial Services and Transactions: Gerechtshof Amsterdam Ruling Implications

• Services provided by the manager to the fund are subject to VAT as “management services”
• Financial services like investment advice are exempt from VAT if provided to financial institutions
• Fees paid by BidCo to the fund for services are subject to VAT
• Expenses incurred by the fund for services are subject to VAT
• Transactions between the fund and BidCo are subject to VAT

Source: uitspraken.rechtspraak.nl

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.