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Denmark Relaxes Transfer Pricing Documentation Preparation Requirements

|Approved Changes|Denmark
Denmark

Denmark has published Law no. 2194 of 30 November 2021, which includes amendments to the Tax Control Act and the Tax Assessment Act. One of the main amendments is meant to relax the transfer pricing documentation preparation requirements. Under prior rules, transfer pricing documentation is generally required to be prepared for both domestic and cross-border controlled transactions, although smaller companies are only subject to prepare "special" documentation for cross-border transactions. …

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