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Change of practice – Right to deduct VAT in grant-funded companies

Public service companies, which receive public and/or private subsidies on the condition that they make their services available to the public free of charge, just as they also receive VAT-liable income from the sale of advertising, must in future calculate their right to deduct VAT in accordance with section 38, subsection 1 of the VAT Act . 2.

Source: skat.dk

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