Denmark is advancing its accounting and invoicing processes through digitalization measures, including the Danish Bookkeeping Act, eInvoicing, and SAF-T. Key features include digital recording and storage of transactions, automated backup of records, and integration with eInvoicing and SAF-T systems. Deadlines for compliance range from 2024 to 2027, with a phased introduction to aid adaptation.
Source Taxera
Click on the logo to visit the website
Latest Posts in "Denmark"
- Danish Court Rules Tattoo Studios Not Eligible for VAT Exemption on Artistic Activity
- Denmark Clarifies VAT Treatment for LLC-to-Partnership Restructuring and Bonus Payments
- Court upholds tax authority’s VAT assessment for tattoo business lacking proper documentation
- Partnership and owners not considered one taxable person for VAT purposes
- Updated DAC7 and DAC8 Reporting Rules for Digital Platforms and Crypto-Asset Service Providers
