Court of Justice 8 May 2012, C‑44/11 (Finanzamt Frankfurt am Main V-Höchst v Deutsche Bank AG.)

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European Union · · · Cited by 5 · 08-05-2012

OPINION OF ADVOCATE GENERAL SHARPSTON delivered on 8 May 2012 ( 1 ) Case C-44/11 Finanzamt Frankfurt am Main V-Höchst v Deutsche Bank AG (Reference for a preliminary ruling from the Bundesfinanzhof (Germany)) ‛VAT — Portfolio management services — Exemption — Principal and ancillary services — Place of supply’ 1. Under the VAT Directive, ( 2 ) certain financial transactions are exempt from VAT.

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