COPENHAGEN: The decision of the tax authority SKAT to cut VAT exemption on packages delivered for Danish e-traders is pushing e-trade out of the country.
The confederation of Danish industry, Dansk Industri (DI), laments the January 1 change that it says puts further pressure on the already struggling e-trade industry.
“The increased costs mean that e-trade will become more expensive in Denmark and Danes will shop even more abroad,” said Annette Falberg, the head of DI’s trade representation department, DI Handel.
“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.”
