The Danish Parliament, known as Folketinget, is reviewing Bill No. L 119, which proposes amendments to various tax laws in Denmark. The bill includes several significant measures, such as the exemption of VAT on small business turnover and artwork sales, changes to electricity and gas trading VAT rules, reimbursement on tax-adjusted goods for commercial supply abroad, increased taxes on nicotine products, and amendments to VAT place of supply rules for virtual access to cultural events. These proposed changes aim to update and streamline the Danish tax system.
Source GlobalVATcompliance
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