WTS in Denmark

Danish investment institutes with minimum taxation (“section 16 C funds”) effectively bear no Danish tax at fund level on dividends distributed from Danish companies whereas similar foreign investments funds traditionally have suffered a 15% Danish withholding tax after treaty relief.

The EU’s Directive on Administrative Cooperation (DAC8) and the OECD's Crypto-Asset Reporting Framework (CARF) form a coordinated, global response to ensure tax transparency, traceability and effective compliance in crypto-asset activities.

The TP documentation must be submitted to the DTA no later than 60 days after the deadline for filing of the corporate income tax return.