The Business Law Reports
[2012] Bus LR 563
Court of Justice of the European Union
Skandinaviska Enskilda Banken AB Momsgrupp
v
Skatteverket
(Case C-540/09)
2010 Nov 10;
Dec 16;
2011 March 10
President J‑C Bonichot, Judges K Schiemann, C Toader, A Prechal, E JarašiūnasAdvocate General N Jääskinen
Revenue— Value added tax— Exemptions— Transaction in securities— Credit institution guaranteeing to acquire issued shares not subscribed at end of subscription period— Whether “transaction in securities”— Whether exempt from VAT—
Council Directive 77/388/EEC, art 13B