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Deduction of VAT & intra-group loans: Skatterådet’s clarification

  • Spørger is a joint registration of companies with the main purpose of producing and selling X
  • Spørger incurred costs related to refinancing the group’s debt
  • The right to deduct VAT should be calculated according to both sections 38, paragraph 2, and 38, paragraph 1 of the VAT Act
  • If the costs of refinancing debt are invoiced to subsidiaries, the deduction right in the joint registration is not covered by section 37, paragraph 1 of the VAT Act

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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