Sponsors of defined benefit (DB) schemes will be able to reclaim VAT paid on investment management costs after a European Court of Justice (ECJ) ruling.
The decision from Europe's highest court came last week after Dutch firm PPG Holdings BV challenged the Netherlands tax authority. PPG is sponsor to a DB scheme and paid all administration and mana...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
