We hope you may find interesting the latest version of the WTS Global Financial Services Newsletter presenting taxation related news from six countries with a focus on the international Financial Services industry.

The following participants in the WTS Global network are contributing with a diverse range of FS tax topics, e.g. the CJEU GA Opinion in favor of Finnish pension institution regarding Sweden and WHT reclaims, the Supreme Administrative court request CJEU for a preliminary ruling on the application of VAT Directive on financial services in Finland and the delivery of the 2024 Spring Budget in the United Kingdom:

• China – WTS China

China: Further encouragement for QFLP’s inbound investment and financing

• Finland – Castrén & Snellman

Finland: The Supreme Administrative Court requests CJEU preliminary ruling on the application of VAT Directive on financial services

• Germany – WTS Germany

Germany: German Tax Law and Regulatory Implications on Crypto Investments via Investment Funds
Germany: Germany intends to launch 200 bn Euro pension fund
Germany: Real Estate funds – significant tax law changes enacted
Germany: Landmark decision – Good news for foreign investment funds seeking to recover German WHT
Sweden: Sweden and WHT reclaims – CJEU GA Opinion in favour of Finnish pension institution

• Italy – WTS R&A Studio Tributario

Italy: The Italian Investment Management Exemption law: new implementing rules 

• Luxembourg – Tiberghien Luxembourg

Luxembourg: The Luxembourg Administrative Court’s Interpretation of Loan vs. Equity Characteristics

• United Kingdom – WTS Hansuke

United Kingdom: 2024 UK Spring Budget

Read the WTS Global Financial Services Newsletter here.