-
Denmark’s Ministry of Taxation updated the VAT Executive Order from 1 July 2025, allowing VAT deductions within six months of the invoice date, streamlining deduction timing rules.
-
The amendment enforces consistent VAT deduction practices for all supplier invoices, including scenarios where deductions occur only after purchase approval, ensuring uniform treatment of transactions.
-
The changes exclude VAT deduction issues tied to energy taxes or reverse charge on cross-border transactions, while the Danish Business Authority mandates e-invoicing-capable bookkeeping systems from 1 January 2025.
Source: regfollower.com
Latest Posts in "Denmark"
- Conservatives Propose Removing VAT on Fruits and Vegetables to Reduce Shopping Costs
- CJEU to Rule on Danish VAT Group Ownership Law Compatibility with EU Directive
- National Tax Court Denies Input VAT Deductions for Pre-Formation Advisory Services in Denmark
- Property Not Exempt from Church Assessment Exception, Court Rules in Favor of Tax Ministry
- Tax Authority Rules Hair Transplant Services Subject to VAT, Not Exempt from Taxation