Skandinaviska Enskilda Banken AB Momsgrupp v Skatteverket (C-540/09)

Judgment of 10 Mar 2011

law://eu/cjeu/2009/c-540-09/para_21@2026-11-13

21Finally, with regard to the reasons underlying the adoption of VAT exemptions for the transactions set out in Article 13B, it is apparent from the case-law of the Court that the purpose of those exemptions is to alleviate the difficulties connected with determining the tax base and the amount of VAT deductible and to avoid an increase in the cost of consumer credit (Case C-455/05 Velvet & Steel Immobilien [2007] ECR I-3225, paragraph 24).

Skandinaviska Enskilda Banken AB Momsgrupp v Skatteverket (C-540/09)

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