US EditionVAT Issues Send Shockwaves and Millions in Bills Through the Brokerage Industry - InsideBusiness
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The VAT issue, which has long been simmering in the brokerage industry, is now materializing as potential huge bills around the accounts of the brokers. At least that is the situation for the brokerage house RTM, where in the accounts for 2024, they have set aside 15 million. DKK for a potential additional bill regarding the handling of value added tax (VAT) and payroll tax for 2022 and 2023. "The outcome of the case is not known, which is why i…
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