- Danish Tax Agency clarified VAT exemption for collective investment fund management services
- Tax Council Binding Answer No. SKM2024.90.SR posted online
- Investment management company provided fund management services for UCITS and AIF
- Confirmation that specific recipients of AIF management services qualified as investment associations
- Management services supplied to capital association departments of AIF are VAT-exempt under Section 13 of the VAT Act
- Services to AIFs VAT-exempt in alignment with relevant EU directives implemented in Danish law
Source: news.bloombergtax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Denmark"
- Director Sentenced for VAT Fraud: 1-Year Suspended Sentence and 650,000 DKK Fine
- Municipalities Denied Electricity Tax Reimbursement for Street Lighting Due to Lack of VAT Deduction Rights
- Bill Proposal: Amend VAT Exemption Rules for Education of Youth Under 30 by Ministry of Taxation
- Danish Court Upholds VAT on Imported Electric Vehicle as New Means of Transport
- Court Upholds Tax Authority’s Assessment of VAT on Bank Deposits for Tattoo Services