20With regard, moreover, to the general scheme of Directive 2006/112, it is clear from the settled case-law of the Court that terms used to specify the exemptions provided for by Article 132 of the directive are to be interpreted strictly, given that they constitute exceptions to the general principle that VAT is to be levied on all services supplied for consideration by a taxable person. However, that rule of strict interpretation does not mean that the terms used to specify those exemptions should be construed in such a way as to deprive them of their intended effects (see, to that effect, judgments of 18 November 2004, Temco Europe, C‑284/03, EU:C:2004:730, paragraph 17, and of 25 February 2016, Commission v Netherlands, C‑22/15, not published, EU:C:2016:118, paragraph 20 and the case-law cited).
Source: EUR-Lex, © European Union, 1998-2026. Reuse authorised under Decision 2011/833/EU.