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Europe Daily Bulletin No. 9380
Contents Publication in full By article 22 / 37
GENERAL NEWS / (eu) eu/court of justice

It is for national courts to decide which funds can be exempted from VAT, as long as they respect fiscal neutrality

Luxembourg, 06/03/2007 (Agence Europe) - On 1 March, the advocate general delivered his opinion in the JP Morgan - British taxman case (C-363-05). Julian Kokott proposed that the sixth VAT directive (77/388/EEC) be interpreted in such a way that it allows the United Kingdom to exonerate closed-ended funds from VAT, while ensuring fiscal neutrality is respected.

JP Morgan Fleming Claverhouse Investment Trust plc is an Investment Trust Company (ITC), that is, a closed-ended fund. ITCs are...

Contents

A LOOK BEHIND THE NEWS
A Look Behind The News, by Ferdinando Riccardi: Confirmation that “27” have different conceptions of the Europe of the future
THE DAY IN POLITICS
(EU) EU/EUROPEAN COUNCIL: Presidency hopes Summit decisions on energy and climate change will create “positive dynamic” for progress in constitutional debate before June
(EU) EU/SERBIA: 2008 is a possible date for Serbia to become a candidate country, says Olli Rehn, recalling conditions set
(EU) EU/ISRAEL: Frank, critical dialogue during Association Council on 5 March
(EU) EU/CONSTITUTION: Initiative by EP Federalist Intergroup
(EU) EP/NORTHERN IRELAND: Francis Wurtz says his political group backs Sinn Fein
(EU) EP/ARMS: MEPs call for ban on cluster bombs
(EU) EU/NEIGHBOURHOOD POLICY:
(EU) EU/AFGHANISTAN:
(EU) EU/NORTH KOREA:
GENERAL NEWS
(EU) EU/ENERGY: European citizens want EU to act on energy - Mass rejection of nuclear power
(EU) EU/ENERGY/ENVIRONMENT: First meeting of Jose Manuel Barroso's Advisory Group on Energy and Climate Change
(EU) EU/ENVIRONMENT: EP and Council to convene conciliation committee over Life+
(EU) EU/JHA: Commission welcomes new step by US Senate towards greater visa reciprocity
(EU) EP/JHA: EU must put an end to externalised management of migratory flows, say Martine Roure and Giusto Catania
(EU) EU/CUSTOMS: Messrs Kovács and Chertoff want to cooperate more to improve security of transAtlantic trade
(EU) EU/WTO/DOHA: Pressure from Paris and Dublin on G-4 negotiators
(EU) EU/AGRICULTURE: Social consequences of restructuring sugar sector cause concern for workers' unions
(EU) EU/AGRICULTURE: Aid modulation still a stumbling block - Horst Seehofer determined to get EP to release funding
(EU) EU/AGRICULTURE:
(EU) EU/MOROCCO/FISHERIES:
(EU) EU/COURT OF JUSTICE: It is for national courts to decide which funds can be exempted from VAT, as long as they respect fiscal neutrality
(EU) EU/ECONOMY: 0.9% rise in GDP in fourth quarter of 2006
(EU) EU/FINANCIAL SERVICES:
(EU) EU/STATE AID: Neelie Kroes to approve French regional aid maps for 2007-2013 on Wednesday
(EU) EU/COMMISSION: Commission achieves 90% of its 2006 work programme
(EU) EU/ENERGY: EWEA urges European Council to introduce binding target for renewable energy
(EU) EU/TRANSPORT: Draft “open skies” agreement not welcomed everywhere
(EU) EU/SOCIAL: Expectations of temporary agency work social partners ahead of European Summit
(EU) EU/SOCIAL/AIRBUS:
(EU) EU/ZIMBABWE/AGRICULTURE:
(EU) EU/MEDICINES:
(EU) EU/SPRING SUMMIT: NGOs say energy efficiency, binding renewable targets and lower emissions are crucial to combat climate change
(EU) EU/LEGISLATION: Legislation published in Official Journal
(EU) EU/EQUALITY: Eurostat says women's life expectancy should exceed 80 in all Member States by 2050
(EU) EU/EQUALITY:
€ VALUE IN DIFFERENT CURRENCIES ON 06/03/2007: