Why the ECJ’s Deutsche Bank ruling is not all bad for fund managers

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Why the ECJ’s Deutsche Bank ruling is not all bad for fund managers

Joe Dalton
July 25 2012
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The European Court of Justice (ECJ) dealt a blow to discretionary fund managers (DFMs) in the Deutsche Bank case last week when it said they must charge VAT on their services, but there are options available to limit the harm this will cause, according to advisers.

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Joe Dalton worked at ITR between 2011 and 2013
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