Denmark - Enhanced Efforts against Perceived No-Tax Corporations
- A.N. Laursen
- International Transfer Pricing Journal, 2012 (Volume 19), No 6
- 8 November 2012
The author considers a recently enacted Danish law that imposes restrictions on the tax loss carry-forward regime; a mandatory accountant’s certificate for certain companies; penalties for insufficient transfer pricing documentation; joint and several liabilities for certain corporate income taxes and withholding taxes; transparency as regards corporate tax payments; and amendments to domestic principles for the allocation of income to a permanent establishment.