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Critique of the Danish Tax Authorities’ control of repayment of Danish dividend withholding tax

Critique of the Danish Tax Authorities’ control of repayment of Danish dividend withholding tax

By Anders Oreby Hansen and Carsten Pals

On 24 February 2016, the results of the Danish National Audit Office’s investigation into the circumstances allowing for suspected fraud involving an amount expected to exceed DKK 9.1bn (approximately EUR 1.2bn) were published. Following the report, the Danish Public Accounts Committee strongly criticized the Danish Tax Authorities’ completely inadequate control of the repayment of Danish dividend withholding tax as well as the exceedingly flawed supervision carried out by the Danish Ministry of Taxation. The Danish Ministry of Taxation has now announced the implementation of new and improved control mechanisms as well as stricter documentation requirements.

 

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