Denmark introduces new requirements for digital accounting systems, including digital booking systems, e-invoicing, and SAF-T, to improve accounting and invoicing processes. The Danish Bookkeeping Act mandates the use of approved digital accounting systems, with a gradual rollout and compliance deadlines between 2024 and 2026. E-invoicing has been required for B2G transactions since 2005, using PEPPOL BIS 3.0 and OIOUBL formats.
Source VATit
Click on the logo to visit the website
Latest Posts in "Denmark"
- 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
- National Tax Court Denies Input VAT Deductions for Pre-Formation Advisory Services in Denmark
