- Sale of the apartment is VAT-taxable as a “new building” because it has never been occupied and is not completed for residential use.
- Sale of the parking spaces is VAT-exempt, as they were completed and used over 5 years ago.
- The applicant can claim a VAT deduction and compensatory VAT adjustment for the apartment sale.
- The applicant cannot claim a compensatory VAT deduction for the parking spaces.
- The rulings are based on Danish VAT Act provisions regarding new buildings, VAT deductions, and compensatory adjustments.
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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