After the first in this year's ATOZ VAT London briefings which took place in June, our next session will be happening on 23 September, where members of our team will continue to look at VAT and Investment Funds.
Over the course of two sessions, our Tax Partners, Thibaut Boulangé and Romain Tiffon, and Indirect Tax Director, Justine Guilluy, will give you an overview of, amongst others, the VAT status of Luxembourg Funds and GPs and the scope of the VAT exemptions applicable to Luxembourg funds. They will also share tips and tricks around, for example, the differences between management fees and PPS, the allocation of some transaction costs to the UK Investment Advisor, the co-existing approaches in Luxembourg regarding the VAT status of GPs, etc.
23 September 2025 - Event agenda
- Transaction costs: The VAT impacts of the allocation to the UK Investment Advisor or to the Luxembourg Fund
- VAT status of Luxembourg GPs: Co-existing approaches and ways to reduce the VAT compliance burden
- Management services remunerated with a "Fee" or with a "PPS": State of play, risks and opportunities
- VAT treatment of director fees: Short update on the TP cases and practical implications
- Substance for Luxembourg Funds and GPs ‐ Key elements to consider
Register now by contacting the team on events@atoz.lu.
18 June 2025 - Event agenda
- VAT status of Luxembourg Funds and GPs
- Reminder of the main VAT localisation rules for services
- Scope of the VAT exemptions applicable to Luxembourg funds
- Management and investment advisory services, including, notably, the potential consequences in a “fee” and “carried interest” structures
- Placement services
- Comments on the input tax deduction right of Funds and GPs
- Luxembourg VAT compliance obligations for Funds and GPs - Registration, filing and payment of the VAT
- Substance for Luxembourg Funds and GPs ‐ Key elements to consider