Luxembourg, 21/10/2004 (Agence Europe) - The European Court of Justice has ruled in a case between the BBL and the Belgian State, in which it points out that the activities carried out by open-ended investment companies (SICAVs) are economic activities and those companies are therefore taxable persons for VAT purposes, a press release states. Management and consultancy services supplied to such companies are taxable under the legislation in force in the State in which the SICAVs have...