- Danish Tax Agency clarified VAT treatment of compensation payment for allowing competitor to lease property
- Tax Council Binding Answer No. SKM2024.247.SR posted online
- Retail chain allowed competitor to lease space in same building in exchange for compensation
- Tax Agency decided compensation payment subject to VAT as consideration for VAT-taxable supply of services
- Tax Council upheld decision, citing direct link between payment and acceptance of lease
- Taxpayer received payment as taxable person due to direct extension of business operation
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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