The Danish tax authority has published an overview of a 9 October 2018 decision of the Court of Copenhagen concerning whether a company had acted with gross negligence in failing to timely submit transfer pricing documentation and should be subject to penalties.
The case involved a company that was requested to provide transfer pricing documentation in respect of the 2011-2015 income years. The initial request letter was dated 19 December 2016, with a submission deadline of 20 February 2017…