Denmark: certain supplies and imports of goods and services exempted from Jan. 1, 2022

The  exemptions on certain supplies and imports of goods and services proposed by the European Commission have been granted by the Danish Tax Agency. The Law No. 2021/1 LSV89B was issued to cover modifications made on excise and VAT legislations. The law was published on the Government Legal Database on December 21, 2021.  

Among the measures included in the law are:  

• The provision of a list of goods that are exempt from excise tax or VAT
• The establishment of registration and tax requirements for businesses involved in the handling and storage of taxable goods
• The establishment of fines and penalties for non-compliance
• The introduction of exemptions on certain supplies and imports of goods and services to the European Commission as response to fight COVID-19. 

The bill is effective from January 1, 2022. 

Source: retsinformation.dk