VAT in Denmark (beginner)

Discussion in 'General Tax Discussion' started by defcry, Oct 4, 2017.

  1. defcry


    Oct 4, 2017
    Likes Received:
    Hello Forum,

    My first post here, I am living and studying economics in Denmark and recently I have started a business. All the sources I was able to find states that VAT rate in Denmark is 25%. However, When I am shopping for a goods that I would like to deduct, the price without VAT is after my calculation lower only by 20%. What am I missing? How does this work?

    Thank you :) and have a nice day everybody.
    defcry, Oct 4, 2017
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