Reports of Cases

published in the electronic Reports of Cases (Court Reports - general)

Subject-matter

Reference for a preliminary ruling – Bundesfinanzhof – Interpretation of Article 56(1)(e) and Article 135(1)(f) and (g) of Council Directive 2006/112/EC of 28 November 2006 on the common system of value added tax (OJ 2006 L 347, p. 1) – Exemption of operations consisting in individual portfolio management for private clients

Systematic classification scheme

Citations of case-law or legislation

References in grounds of judgment

• Directive 85/611 -A01P2 : paragraph 32
• Directive 2006/112 -A56 : paragraph 3
• Directive 2006/112 -A56P1LE : paragraphs 15, 47, 48, 50 - 55
• Directive 2006/112 -A135 : paragraph 4
• Directive 2006/112 -A135P1 : paragraph 42
• Directive 2006/112 -A135P1LA : paragraphs 15, 47, 49 - 52, 55
• Directive 2006/112 -A135P1LB : paragraphs 15, 47, 49, 50, 53, 55
• Directive 2006/112 -A135P1LC : paragraphs 15, 47, 49, 50, 53, 55
• Directive 2006/112 -A135P1LD : paragraphs 15, 47, 49, 50, 53, 55
• Directive 2006/112 -A135P1LE : paragraphs 15, 47, 49, 50, 53, 55
• Directive 2006/112 -A135P1LF : paragraphs 15, 30, 39, 40, 43, 44, 46, 47, 49, 50, 53, 55
• Directive 2006/112 -A135P1LG : paragraphs 15, 30, 31, 35, 44, 46, 47, 49, 50, 53, 55
• Court of Justice - Judgment C -327/94 : paragraph 54
• Court of Justice - Judgment C -2/95 : paragraph 36
• Court of Justice - Judgment C -34/99 : paragraph 19
• Court of Justice - Judgment C -235/00 : paragraph 37
• Court of Justice - Judgment C -8/01 : paragraph 42
• Court of Justice - Judgment C -41/04 : paragraphs 18, 21
• Court of Justice - Judgment C -169/04 : paragraph 31
• Court of Justice - Judgment C -242/08 : paragraph 51
• Court of Justice - Judgment C -497/09 : paragraph 18
• Court of Justice - Judgment C -259/11 : paragraph 36

Operative part

• Interprets : Directive 2006/112 -A56P1LC
• Interprets : Directive 2006/112 -A135P1LF
• Interprets : Directive 2006/112 -A135P1LG

Opinion

• Directive 77/388 -A09P2 : point 74
  
• Directive 77/388 -A09P2LET5 : point 3
  
• Directive 77/388 -A13LBLDPT1 : point 36
  
• Directive 77/388 -A13LBLDPT2 : point 36
  
• Directive 77/388 -A13LBLDPT3 : point 36
  
• Directive 77/388 -A13LBLDPT4 : point 36
  
• Directive 77/388 -A13LBLDPT5 : points 5, 36
  
• Directive 77/388 -A13LBLDPT6 : points 5, 36
  
• Directive 77/388 -A15P2 : point 4
  
• Directive 2004/39 : point 74
  
• Directive 2006/112 -A56P1 : point 3
  
• Directive 2006/112 -A56P1LE : points 12, 64 - 67, 69 - 75
  
• Directive 2006/112 -A59LE : point 3
  
• Directive 2006/112 -A131 : point 35
  
• Directive 2006/112 -A132 : point 35
  
• Directive 2006/112 -A133 : point 35
  
• Directive 2006/112 -A134 : point 35
  
• Directive 2006/112 -A135 : points 35, 51, 66
  
• Directive 2006/112 -A135P1 : points 5, 54
  
• Directive 2006/112 -A135P1LA : points 4, 12, 65, 67, 69, 73, 75
  
• Directive 2006/112 -A135P1LB : points 4, 12, 36, 65, 69 - 71, 73, 75
  
• Directive 2006/112 -A135P1LC : points 4, 12, 36, 65, 69 - 71, 73, 75
  
• Directive 2006/112 -A135P1LD : points 4, 12, 36, 65, 69 - 71, 73, 75
  
• Directive 2006/112 -A135P1LE : points 4, 12, 36, 65, 69 - 71, 73, 75
  
• Directive 2006/112 -A135P1LF : points 4, 12, 16, 17, 20, 33, 34, 37, 38, 45 - 47, 49 - 53, 56, 57, 61 - 63, 65, 69 - 71, 73, 75
  
• Directive 2006/112 -A135P1LG : points 4, 12, 14, 36, 44 - 46, 57, 58, 62, 65, 69 - 71, 73, 75
  
• Directive 2006/112 -A135P1LL : points 6, 72
  
• Directive 2006/112 -A135P2LD : points 6, 72
  
• Directive 2006/112 -A136 : point 35
  
• Directive 2006/112 -A137 : point 35
  
• Court of Justice - Judgment C -327/94 : point 74
  
• Court of Justice - Opinion C -235/00 : points 36, 37
  
• Court of Justice - Judgment C -41/04 : points 24, 74
  
• Court of Justice - Judgment C -169/04 : points 4, 46
  
• Court of Justice - Judgment C -111/05 : point 24
  
• Court of Justice - Judgment C -363/05 : point 36
  
• Court of Justice - Judgment C -572/07 : points 25, 31
  
• Court of Justice - Judgment C -174/08 : point 60
  
• Court of Justice - Judgment C -242/08 : points 19, 67, 69
  
• Court of Justice - Judgment C -276/09 : points 24, 35
  
• Court of Justice - Judgment C -497/09 : points 20, 31
  
• Court of Justice - Opinion C -540/09 : point 36
  
• Court of Justice - Judgment C -540/09 : points 35, 36, 40
  

Dates

Date of the lodging of the application initiating proceedings

• 31/01/2011

Date of the Opinion

• 08/05/2012

Date of the hearing

Information not available

Date of delivery

19/07/2012

References

Publication in the Official Journal

Application: OJ C 145 from 14.05.2011, p.6

Judgment: OJ C 295 from 29.09.2012, p.7

Name of the parties

Deutsche Bank

Notes on Academic Writings

1. Van Norden, Gert-Jan: Highlights & Insights on European Taxation 2012 nº 10 p.66-68 (EN)
2. Féron, Ivan: L'exonération des opérations sur titres de sociétés ne s'applique pas à la gestion de patrimoine au moyen de valeurs mobilières, Revue de droit fiscal 2012 nº 454 p.50-53 (FR)
3. Mosbrucker, Anne-Laure: Exonération de TVA, Europe 2012 Octobre Comm. nº 10 p.44-45 (FR)
4. Sedlacek, Max: Portfolioverwaltung im Hinblick auf MwSt-Befreiung, Ecolex 2012 p.823-824 (DE)
5. Dahm, Joachim ; Hamacher, Rolfjosef: Vermögensverwaltung und Umsatzsteuer - Abgrenzung zweier EuGH-Entscheidungen, Umsatzsteuer-Rundschau 2012 p.817-820 (DE)
6. Thunshirn, Roman: Vorsteuerabzug und Umsatzsteuerpflicht für Bankspesen - Bestandsprovisionen im Lichte der EuGH-Rechtsprechung, Betriebs-Berater 2013 p.1117-1124 (DE)

Procedural Analysis Information

Source of the question referred for a preliminary ruling

Bundesfinanzhof - Germany

Subject-matter

• Taxation
  
• - Value added tax
  

Provisions of national law referred to

Information not available

Provisions of international law referred to

Information not available

Procedure and result

• Reference for a preliminary ruling
  

Formation of the Court

deuxième chambre (Cour)

Judge-Rapporteur

Rosas

Advocate General

Sharpston

Language(s) of the Case

• German
  

Language(s) of the Opinion

• English