4 ms·
This article is one of the weirdest I've ever read as a dane. We have a vat refund system, that paid out 120 billion danish kroner to companies that weren't mea
by eksemplar 8y ago
This article is one of the weirdest I've ever read as a dane. We have a vat refund system, that paid out 120 billion danish kroner to companies that weren't meant to have those 120 billion danish kroner.
It was made possible because the audit of every vat refund was just one guy, and that was ridiculous, but those 120 billion still exited our treasury.
It's kind of easy to prove wrong doing on vat, if your company hasn't registered a single transaction, then your company simply isn't owed any vat. Yet the article seems to want to make this complicated...
Why is that?
- jsnell 8y agoAre you talking about some totally different case than the article? The scheme described in the article has nothing to do with VAT.
- eksemplar 8y agoI’m probably using the wrong English word, it’s called moms and I don’t know what that’s called in English. It’s the tax you pay when you trade any product.
- jsnell 8y agoYes, that's a VAT. But this case is described as being about dividends, which are not goods or services being traded. I've never heard of a tax code where dividends were subject to VAT. Typically they're treated as either a capital gains tax or an income tax.