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Spotlight on Global Tax Assurance and Risk Management
The Danish traffic law states that people resident in Denmark may only drive in this country in a car registered in Denmark.
Stay tuned! tax:watch gets bigger and relaunches in 2021 with more and new content every month for the followers.
Due to further restrictions a political agreement has been entered into to reopen the general aid packages from Spring for all companies in Denmark.
This will not come as a newsflash, but IoT (Internet of things) is growing. It has been growing at an explosive rate the last couple of years, and it is not showing any signs of slowing down. Because of this, what is also not slowing down, are attacks against IoT. The first half of 2019...
The bill introduces defensive measures and sanctions against countries that do not live up to international tax standards and good tax practices. The Danish Ministry of Taxation submitted the new bill to public consultation on 12 November 2020.
The reintroduced draft of the proposed CFC bill still does not contain the exemption available in the ATAD Directive where CFC taxation is not applied if the CFC entity has a substantive economic activity (substance test).
Consequently, transfer pricing documentation must be submitted to the tax authorities along with the corporate income tax return in the future.