Danish Insurer Found Guilty of Tax Abuse by Supreme Court, Owes $2.2 Million in VAT

• Danish insurer GF Forsikring engaged in abusive tax behavior for development of IT and telephone system
• Denmark’s Supreme Court ruled that GF Forsikring and a subsidiary must repay nearly 15.2 million Danish krone in VAT
• The court also ordered them to pay 810,000 krone in legal costs
• This decision overturns a 2021 ruling from a lower court that had sided with GF Forsikring

Source: news.bloombergtax.com

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