VAT bad debt relief
VAT bad debt relief can be claimed in Denmark if:
• the business has received a court order confirming the loss;
• the debtor has entered a formal insolvency procedure;
• all reasonable efforts have been made to collect the debt from the customer, and the business has concluded that the customer will not pay the debt – the efforts used to collect the debt must be reasonable and take into consideration the size of the business and the size of the debt.
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