Court of Justice (Fourth Chamber) 5 September 2024, C-639/22 to C-644/22 (X and Others v Inspecteur van de Belastingdienst Utrecht and Others.)

JUDGMENT OF THE COURT (Fourth Chamber) 5 September 2024 ( *1 ) (References for a preliminary ruling – Common system of value added tax (VAT) – Directive 2006/112/EC – Exemptions – Article 135(1)(g) – Management of special investment funds – Definition – Pension funds – Comparability with an undertaking for collective investment in transferable securities (UCITS) – Investment risk borne by the