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Danish Tax Agency Cracks Down on VAT Evasion, Charges Billions to Tax Evaders

  • Danish Tax Agency crackdown on value added tax evasion is successful
  • 87% of controls against “VAT carousels” found errors or fraud in 2023
  • Charges totaling 2.5 billion Danish kroners issued since 2018
  • VAT not immediately applied to business-to-business transactions within EU

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.

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