Hearings
European Union
10 Mar 2011 (Case C-540/09); EU:C:2011:137; [2012] Bus LR 563; [2011] STC 1125; [2011] WLR (D) 103, ECJ
Skandinaviska Enskilda Banken AB Momsgrupp v Skatteverket
Subject Matter
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