VAT treatment of management services provided to a defined benefit (“DB”) occupational pension scheme
VAT exemption applies to management services provided to certain types of special investment funds (known in Ireland as ‘qualifying’ funds).
The Wheels case concerned the VAT treatment of management services provided to a defined benefit occupational (“DB”) pension scheme established for the benefit of the appellant’s employees. The appeal was brought to the CJEU by Wheels Common Investment Fund (“WCIF”) and its underlying schemes.