VAT exemption curbing e-commerce in Denmark

The confederation of Danish industry, Dansk Industri (DI) says that this puts further pressure on the already struggling e-trade industry. “The increased costs mean that etrade will become more expensive in Denmark and Danes will shop even more abroad,” said DI’s Annette Falberg. “Of the 110 billion kroner the Danes e-trade for today, 33 billion already moves abroad. There is little doubt this figure will rise, and that’s a real shame for Denmark. The result will be an even greater imbalance in our e-trade because foreign customers don’t come close to shopping in Danish e-shops to the same degree.” Danish e-trade is already under duress due to larger foreign eshops often offering free shipping and returns on their goods. (Copenhagen Post)



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