Changed VAT deduction as a result of a changed method for calculating VAT-liable turnover for the sale of used cars covered by the second-hand VAT scheme

The National Tax Court upheld the Tax Agency’s decision that the “turnover” for the sale of used cars under the second-hand VAT scheme should be calculated as 80% of the full consideration, in accordance with the VAT system directive, article 174, subsection 1.

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.

---

---