Executive summary
On 23 June 2021, the Danish Ministry of Taxation published a draft bill which proposes to exempt most domestic controlled transactions (that is, transactions between two Danish controlled parties or DK-DK) from the Danish Transfer Pricing (TP) Documentation requirements.
The draft bill is out for consultation until 18 August 2021, and it is proposed to be effective for income years starting 1 January 2021 or later.
It is expected that this legislative change will significantly re…