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ATENCIÒN: JP Erhverv: Auditors are mystified about Danish tax authority Skat’s explanation of wild growth of negative VAT

February 10, 2017

According to Danish Skat the main part of a dramatic increase in negative VAT can be explained by the VAT export scheme. But according to KPMG there is a gap in Skat’s explanation amounting to 24 billion DKK.
The story is reported by JESPER HØBERG at Danish daily Jyllands-Posten on Friday, February 10, 2017:
VAT experts at several of the largest Danish audit firms marveled, when Danish tax Skat presented a new explanation to the public about the wild growth in payments of negative VAT.
According to KPMG there seems to be a gap in Skat’s explanation amounting to 24 billion DKK and the mystery is so great, that the business Association DI is urging The National Audit Office and Danish tax authority Skat to disentangle the matter as quickly as possible.
”It is crucial for society that tax can be trusted and therefore m …
Caption: Dong Energy is one of the Danish companies that participates in the export VAT System. According to Skat the scheme can explain 90 percent of a wild growth in negative VAT reports from Danish companies.


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