Enhanced Efforts against Perceived No-Tax Corporations

Journal
Laursen, A.N.
Denmark
International Transfer Pricing Journal 2012 (Volume 19), No. 6
PriceUSD 45

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.