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Denmark Tax Agency Clarifies VAT Deductions for Holding Companies

  • Danish Tax Agency clarifies VAT deductions for holding companies
  • National Tax Court Decision No. SKM2024.496.LSR posted online
  • Intermediate holding company intended to purchase services from parent company
  • Tax Council issued binding answer that provision of services wasn’t economic activity
  • Taxpayer not given full right to deduct VAT on costs connected to invoicing

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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