Danish legislation on VAT and duties is particularly complex and in a constant state of flux. With regard to VAT, EU law has had considerable influence on Danish practice during recent years. The area of duties continues to be under development, both as a result of environmental considerations and due to the fact that duties have become a general area of focus for the public sector in Denmark. In Denmark we have one of the highest levels of tax, VAT and duties in the world.
Considerable sums of money can often be saved by carefully considering potential dispositions with regard to legislation on VAT and duties. It is therefore particularly relevant to incorporate any consequences in terms of VAT and duties into the decision-making process in business, in addition to which consequences in terms of VAT and duties should also be taken into account in certain matters of personal finance. Indeed, it is important not only to consider the consequences in terms of VAT and duties, but also in terms of tax, which is also an area in which we at Redmark are able to provide assistance.
