From June 2023, the Danish authorities have introduced a new VAT functionality to automatically reconcile the intra EU transactions (sales and acquisitions) included in the VAT return against the amount reported in the European Sales Listing and the information reported in VIES (VAT Information Exchange System) by suppliers in other Member States. It will also reconcile on a yearly basis the amount of VAT-exempt transactions against the amount reported in previous years, to check if there is a significant difference.
Source: meridianglobalservices.com
Latest Posts in "Denmark"
- VAT on Holiday Home Rental Intermediation via Online Portal
- VAT Treatment of Holiday Home Rental Intermediation on an Online Portal
- VAT exemption for services from a joint association to unemployment insurance funds
- VAT exemption for services from a joint association to unemployment insurance funds
- Denmark Issues OIOUBL 1.17.2 Hotfix to Address VAT Validation Bug in Invoices
