ECJ: Financing services provided through sub-participation e ...
According to the ECJ, financing provided to the originator under a sub-participation agreement is a VAT exempt transaction and complies with the exempt transactions listed Article 135(1)(b) of Council Directive 2006/112/EC (VAT Directive) concerning “the granting and the negotiation of credit and the management of credit by the person granting it”.
Kategorien: European Court of Justice
Schlagwörter: Credit, loan
