Executive summary
On 6 October 2021, the Danish Government published bill No. L7 which to a large extent abolishes the requirement to include domestic controlled transactions in transfer pricing (TP) documentation.
The bill is expected to be enacted during the fall of 2021 taking effect for income years starting 1 January 2021 or later.
Detailed discussion
Under existing law, Danish companies must prepare TP documentation for all intercompany transactions including domestic controlled transactions.
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