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Denmark Tax Agency Confirms VAT Exemption for Investment Fund Management Services

  • 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.

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