European Union – Value added tax. The Court of Justice of the European Union, on a reference for a preliminary ruling, held that art 132(1)(f) of Council Directive (EC) 2006/112 had to be interpreted to the effect that the exemption from VAT provided for in that provision related only to independent groups of persons whose members carried on an activity in the public interest referred to in art 132 of the Directive and that, therefore, the services supplied by independent groups of persons whose members carried on an economic activity in the area of insurance, which did not constitute such an activity in the public interest, were not entitled to that exemption.