50Such a conclusion cannot be called into question by the argument advanced by BlackRock based on the principle of fiscal neutrality, by virtue of which operators must be able to choose the form of organisation which, from the strictly commercial point of view, best suits them, without running the risk of having their operations excluded from the exemption laid down in Article 135(1)(g) of the VAT Directive (see, to that effect, the judgment of 4 May 2006, Abbey National, C‑169/04, EU:C:2006:289, paragraph 68).
Source: EUR-Lex, © European Union, 1998-2026. Reuse authorised under Decision 2011/833/EU.