In December 2004 the United Kingdom amended its VAT legislation so that a taxable person established outside the European Union is denied recovery of UK VAT paid on goods or services used for insurance or financial transactions that are supplied to customers outside the EU. However, UK legislation allows a taxable person established within the EU to recover VAT in such cases. The European Commission has requested the UK to allow refunds in such cases also for taxable persons extablished outside the EU. If the relevant legislation is not amended within two months, the Commission may decide to refer the issue to the European Court of Justice.