- Danish Customs and Tax Administration clarified VAT deductions on acquisition of medical clinic’s external number
- Taxpayer, a company, planned to acquire existing medical clinic’s external number and capacity
- Tax Agency found taxpayer can’t deduct VAT on purchase price due to VAT-free business transfer
- Tax Council agreed with Tax Agency’s recommendation
- Transfer of external number and capacity considered total asset transferred as part of business transfer under VAT Act section 4(5)
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.
