- The Danish Tax Council (Skatterådet) ruled that the sale of a parking condominium unit is subject to VAT.
- The seller could not sell the unit without VAT because they were considered a co-developer, not just a buyer of a finished property.
- The sale was deemed the first sale of the property after completion and occurred within five years of the building’s completion.
- Therefore, the sale qualifies as a sale of a new building under VAT law and is VAT-liable according to section 13(1)(9)(a) of the VAT Act.
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.
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