Denmark Tax Agency Posts Decision Clarifying VAT Reimbursement Calculation for VAT-Exempt Company With Foreign PE

The Danish Customs and Tax Administration May 10 posted online the Supreme Court’s judgment in case No. BS-30127/2023-HJR, clarifying whether a VAT-exempt insurance company is entitled to an additional VAT reimbursement resulting from insurance sales in a non-EU country through one of its branches, which has a foreign permanent establishment (PE). The taxpayer, a Danish VAT-exempt insurance company, sought a VAT reimbursement on costs incurred for its insurance business services to customers in a non-EU country. The High Court held that the company couldn’t include the turnover from the specified branch in the calculation of VAT reimbursement. The Supreme Court ...