In Denmark, companies conducting commercial activities subject to tax must use a digital bookkeeping system. The timelines for implementation are based on company type and financial year start date. The Digital Bookkeeping aims to ensure transaction traceability, control, backup, protection, and security of records. Three models are available for using the standard chart of accounts and VAT codes.
Source Taxbackinternational
Click on the logo to visit the website
Latest Posts in "Denmark"
- Denmark Launches Consultation on SAF-T 2.0
- Danish Tax Agency Revises VAT Refund Rules: New Flexibility and Safeguards for Businesses
- Denmark Updates VAT Refund Guidance for Suppliers and Customers
- Conservatives Propose Removing VAT on Fruits and Vegetables to Reduce Shopping Costs
- CJEU to Rule on Danish VAT Group Ownership Law Compatibility with EU Directive
