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Denmark Tax Agency Clarifies VAT Exemption for Insurance Brokerage Services

  • Danish Tax Agency clarified VAT exemption for insurance brokerage services
  • Taxpayer sought clarification on whether VAT applied to remuneration for various insurance services
  • Tax Council confirmed that remuneration for tender services is VAT-exempt
  • Services involving insurance analysis and ongoing monitoring are also VAT-exempt under applicable law

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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