- The Tax Agency has updated its procedures concerning negative VAT declarations for auditor and attorney costs, now encompassing fees paid to trustees even after bankruptcy estate closures. This change follows the Tax Agency’s awareness of issues with the previous directive and acknowledges a developing practice within some probate courts that permits trustees to seek VAT refunds post-closure. Consequently, the Tax Agency is incorporating this established practice into its official guidelines.
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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