- Danish Tax Agency clarifies VAT anti-abuse rules under EU law
- Supreme Court judgment in Case No. BS-16178/2021-HJR posted online
- Insurer established wholly-owned subsidiary for VAT-free internal leasing
- Subsidiary claimed full VAT deduction of expenses
- Tax agency found leasing and joint registration to be abuse of VAT rules
- Supreme Court found establishment of subsidiary and joint registration gave unjustified advantages
- Transactions redefined to be VAT-liable retroactively from leasing
- Companies to be jointly registered for VAT purposes
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.
