Danish Grocers Concerned as Sweden Halves Food VAT, Fearing Cross-Border Shopping Surge

• Sweden is halving its food VAT from 12% to 6% until late 2027.
• The move will cost Sweden 37 billion SEK.
• Danish grocers are concerned this will boost cross-border shopping in Sweden.
• The Danish retailers’ association warns of potential loss of revenue and jobs in Denmark.
• Denmark’s VAT on all goods is currently 25%.

Source: cphpost.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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