Platform Operator Requirements (DAC7/DAC8): Executive Order No. 1159/2025 introduces an EU ID service for verifying seller identities, expands reporting data fields, and centralizes registration through the Danish Tax Authority from January 2026.
Crypto-Asset Provider Obligations (DAC8): Executive Order No. 1155/2025 sets reporting rules for crypto-assets, excluding CBDCs and e-money, requiring annual submission of user and transaction data by January 31, starting in 2027.
Compliance and Enforcement: Both orders establish penalties for non-compliance, inaccurate, or incomplete reporting and align Danish implementation with the OECD’s Crypto-Asset Reporting Framework (CARF) for consistent cross-border tax transparency.
Source: GVC
Latest Posts in "Denmark"
- Abolition of Chocolate Tax and Amendments to Various Tax and VAT Laws
- Postponement of Effective Date for VAT Exemption Change on Mind Sports to January 2027
- Denmark’s Economic Council Opposes Lower VAT on Groceries, Recommends Direct Support for Low-Income Families
- Bridge Club Membership and Tournament Fees Exempt from VAT as a Cultural Activity in Denmark
- Danish Court Upholds Denial of VAT and Tax Deductions on Car Purchases Due to Insufficient Proof
