Danish digital bookkeeping obligation moves forward. The obligation mainly impacts on established entities and permanent establishments of foreign companies. The obligation mandates companies to use a registered digital bookkeeping system. The timeline for the introduction of this obligation is rolling out in phases starting from 1 July 2024. Service providers were required to notify their digital bookkeeping solutions to the Danish Virk. The authorities are verifying that bookkeeping systems approved meet specific requirements.
Source Marosa
Latest Posts in "Denmark"
- Denmark Clarifies VAT Liability for Subcontractor Agreements and Employee Income in Court Ruling
- Denmark accelerates e-invoicing and bookkeeping plans
- Denmark Confirms VAT Liability for Virtual Gold Sales in Online Gaming Transactions
- Danish Court Rules VAT Applies to Frequent Virtual Gold Sales by Individual Gamer
- Court Ruling: Multiple Defendants Convicted of Serious Tax, VAT, and Withholding Tax Fraud with Fake Invoices
