Denmark was one of the pioneering countries in Europe to implement a VAT system, replacing the traditional sales tax with the introduction of the first VAT Act on 3 July 1967. Over the years, the VAT legislation in Denmark has undergone various tax reforms.
The most significant transformation occurred when the local legislation was aligned with the Sixth EC VAT Directive, officially known as the Council Directive 2006/112/EC on the common system of Value Added Tax, effective from 1 January 2007.
Source GVC
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See also
See also
- VATupdate.com Country VAT Facts
- VAT Country guides of the European Union Countries
- Country VAT guides for other countries