Denmark to Reorganize and Expand Tax Authority

Danish Prime Minister Lars Løkke Rasmussen has announced that the government will reorganize and expand the tax authority, which will include replacing the current centralized tax authority (SKAT) with seven regional agencies and adding 1,000 new tax staff positions overall. The planned changes follow a number of tax evasion/avoidance issues in recent years that have resulted in billions in lost tax revenue, including in relation to dividend fraud and the use of offshore structures as reveale…