June 1, 2023

Denmark – New Proposal to Fight VAT Fraud

The Danish government is looking to introduce new tax measures in a couple of months. The overall goal is to reduce VAT fraud; here are a few item that are being discussed:

· New annual reporting obligations should be introduced for all VAT-registered businesses. The annual VAT report will also include activities that allow partial VAT deduction.

· Cross-border payments through payment service providers need to be reported.

· VAT reporting on telecommunications services through reverse charge mechanism.

If approved these new VAT rules might come into effect as soon as end of this month (June 30, 2023). Please contact your team at EuroVAT to ask for the latest updates on VAT in Denmark.


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