- Implementation and Reporting Requirements: Norway mandated SAF-T reporting starting January 1, 2020, with submissions only upon request, while Denmark introduced SAF-T requirements in July 2022 as part of ongoing digital bookkeeping reforms, requiring regular submissions by specific deadlines.
- Scope and Complexity of Reporting: Norway’s SAF-T covers basic financial data such as general ledger and tax-related information, while Denmark employs a more comprehensive schema that includes inventory management and structured e-invoices, adhering to the OECD version 2, which is more complex than Norway’s model.
- Compliance and Software Requirements: Norway requires SAF-T compliance for businesses using electronic accounting systems, exempting those with fewer than 600 vouchers annually, whereas Denmark mandates the use of approved ERP/accounting systems and certified software that supports SAF-T and e-invoicing, with a gradual enforcement approach.
Source Taxera
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