- Danish Customs and Tax Administration clarifies import VAT deductions on imports of leased assets
- Tax Council Binding Answer No. SKM2023.522.SR provides clarification on the right to deduct import VAT
- Taxpayer imported leased assets from a non-EU country for use in Denmark
- Lease agreement included a hire purchase provision allowing the taxpayer to purchase the assets
- Tax Council confirms taxpayer’s right to deduct import VAT
- Consideration was for the purchase of assets, not leasing services
Source: news.bloombergtax.com
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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