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 Exemption for Ferry Passenger Transport Including Cars
- VAT Status of Yacht Co-Owners and Charges for Guests Aboard a Sailing Vessel
- Denmark Delays Digital Bookkeeping and E-Invoicing Requirements to 2027-2028
- Consultation on Amendment to the VAT Executive Order
- Denmark to Legislate Early on EU ViDA VAT Reforms
