Investment fund structures can be complex to manage from a tax perspective. In particular, with regards to indirect taxation, it is of the upmost importance to ensure the proper VAT treatment of investment operations, as VAT may easily become an important cost for the structure.
Depending on the nature of the performed operations, structures investing in alternative and real estate assets may face restrictions on their input tax recovery. It is critical to ensure that all different investment stages (and the corresponding contractual arrangements) take into account the VAT consequences that may arise therefrom.
The ensuing complexities should be identified and understood by businesses to ensure that the VAT position and compliance obligations in Luxembourg are correctly handled.
By the end of this training, the participants will be able to:
09:30 am to 01:30 pm (ENG)
This training is coordinated by Marie-Isabelle Richardin, Tax Partner in the PwC VAT department.
Marie-Isabelle Richardin has been with PwC’s VAT practice since 2000. Her role at PwC is to assist operators in the financial services industry with their indirect-taxation strategies to help them comply with indirect-tax obligations. She also gained experience of the international tax world by working 2 years in New York. Marie-Isabelle is a regular speaker at conferences and training sessions on VAT for financial services. She is PwC Luxembourg’s representative in the VAT working groups such as the Luxembourg Investment Funds Association (ALFI), the European Fund and Asset Management Association (EFAMA) and she is chairwoman of the VAT group at LPEA.