VAT Exemption for Due Diligence Services Provided to Alternative Investment Fund Confirmed

• The case concerns whether due diligence services provided to an alternative investment fund (AIF) are VAT exempt.
• The services involved in-depth assessments of technical, financial, and environmental aspects for investment decisions in the energy sector.
• The Danish Tax Council (Skatterådet) determined these services were not related to real estate for VAT purposes.
• The services were considered VAT exempt as management of investment funds under Danish VAT law.
• The provider was not required to charge VAT on these advisory services to the AIF.

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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