Cabinet Decision No. 100 of 2024 significantly amends Article 42 of the VAT Executive Regulations, clarifying the tax treatment of financial services. This update expands the list of defined financial services to include the management of investment funds and transactions involving virtual assets. It confirms that specific financial services, including the issue of securities, life insurance contracts, investment fund management, and specified virtual asset services, are exempt from VAT. The Decision reinforces the principle that financial services supplied for an explicit fee, commission, or discount remain taxable, ensuring consistency in application.