Decision ID: 004061

At their October 2015 sessions, the 1992 Fund Administrative Council and Supplementary Fund Assembly decided that the IOPC Funds may pay compensation for claims for VAT by central governments if a State’s national law allowed for the inclusion of VAT in the State’s claim for compensation, and that criteria based on the principles of the law of damages (as contained in document IOPC/OCT15/4/4) should be applied in cases where the national law was not clear.  The governing bodies instructed the Director to present a new text for the Claims Manual reflecting that decision at their spring 2016 sessions.