In accordance with the judgment of the Court of Justice of the European Union in the joint cases C-58/20, K, and C-59/20, DBKAG, the Danish Tax Agency recognizes that granting a right of use for software such as that in case C-59/20, DBKAG, referred to after a specific assessment can be considered to be “management” of an investment association in the VAT sense. The Tax Agency, on the other hand, does not find that the judgment leads to an expansion of the concept of “management” of investment associations in connection with the tax benefits referred to in case C-58/20, K, in relation to previous Danish practice. The services consist of ensuring that participants’ income from a fund is taxed in accordance with the law.
Source: skat.dk
Latest Posts in "Denmark"
- Requirement for Financial Security for VAT, A-tax, and AM Contributions Registration Upheld, Amount Reduced
- Denmark Clarifies VAT Rules for Gospel Choir Singing Lessons by Self-Employed Directors
- Denmark Plans 2028 VAT Cut on Food to Ease Prices and Promote Healthier Diets
- VAT Applies to Gospel Choir Teaching; Not Exempt as School, Vocational, or Cultural Activity
- Tax Authority Will Not Reduce Repayment Claims by Suppliers’ Savings After ATP PensionService Ruling
