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.
Latest Posts in "Denmark"
- Updated DAC7 and DAC8 Reporting Rules for Digital Platforms and Crypto-Asset Service Providers
- Denmark’s 2026 VAT Changes: Impact on Education, Fitness, and Mental Sports Activities
- Denmark’s Conservative Party Proposes Removing 25% VAT on Fruits and Vegetables to Lower Costs
- Denmark Finalizes SAF-T 2.0 Consultation, Prepares for Enhanced Digital Accounting Standards
- Denmark Launches Consultation on SAF-T 2.0
