- The Danish National Tax Court clarified VAT liability on sales of virtual gold.
- An individual was assessed VAT on about 2,500 sales, deemed to be engaged in economic activity.
- The taxpayer claimed exemption, citing gaming addiction, but the court found evidence of commercial intent.
- The court upheld the VAT liability, noting high transaction volume and income, but reduced the amount due to calculation errors.
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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