The Danish Tax Authority (Skattestyrelsen) had not approved the company’s deduction for input VAT on expenses for the renovation of townhouses The company put the townhouses into use for VAT-exempt rental after construction The National Tax Tribunal (Landsskatteretten) found that the company was not entitled to a deduction under the VAT Act The company had not demonstrated an intention to carry out taxable transactions The company renovated the property with a view to transferring it to an investor with rental activity
Source: info.skat.dk
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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