The power of industry experience is perspective - perspective we bring to help you best leverage your own capabilities and resources.
Basically, a foreign parent company has four different models for improving the financial basis of a Danish subsdiariy:1. Guarantee for the subsidiary’s debt2. Loan to the subsidiary3. Capital contribution without issue of shares4. Capital contribution against issue of shares.
Denmark levies withholding taxes on the following outbound payments:
Subsistence allowances are amounts paid to cover the cost of food, accommodation and minor necessities in connection with business travels. Subsistence allowances can be paid tax-free, provided certain conditions are met. If these conditions are not met, however, a tax is levied on the allowances...
Here are 10 trends that will likely shape tech in 2019 and beyond.
The tax authorities seem to be more successful in winning legal proceedings concerning untimely submission of TP documentation than cases concerning adjustment of intra-group prices. A new ruling confirms the high level of fines.
The Danish tax authorities no longer provide a notification, if a company has used an invalid VAT number when reporting to the EC sales list. Companies must check for error messages and correct errors
In a recent ruling, the Supreme Court concluded that a married couple’s filing of Danish tax returns as non-residents constituted acts of gross negligence
The Danish tax authorities cannot define non-existent intra group transactions and use the lack of description of such transactions in the TP documentation as grounds for increasing the taxable income