Regulatory Alerts2018-11-14
Order on Requirements for the Tax Annual Accounts of Larger Enterprises
The Danish Ministry of Taxation issued this order to establish minimum requirements for the tax annual accounts of larger enterprises, including specific sectors like financial institutions and large non-profits. It mandates that accounts include a profit and loss statement, balance sheet, and equity specifications, with detailed disclosures for assets, liabilities, and reconciliations with tax authority data. The regulation replaces previous rules and applies to tax years beginning on or after January 1, 2019.
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