Guidance Signal Excluding Certain Alternative Investment Funds from VAT Exemption on Management Fees is Adopted by the Danish Tax Agency

Published 7 November 2019

PrintCategory: Taxation / VAT

On 7 November 2019 the Danish Tax Agency presented its guidance signal concerning the rules on VAT exemption for management fees for management of investment undertakings.

According to the guidance signal, AIFs that are managed by managers registered under section 9 of the Danish AIFM Act are not considered subject to supervision and will accordingly not qualify for VAT exemption pursuant to the Danish VAT Act’s rules on VAT exemption on management fees for management of investment undertakings.

See our previous news feed on the guidance signal here.

The guidance signal (in Danish) is available here.

Tags:  Danish RegulationManagement Remuneration


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