Danish Tax Authority Will Engage Auditors in Tax System Simplification

Danish Tax Authority Will Engage Auditors in Tax System Simplification

Tax authority of Denmark intends to strengthen the cooperation with Danish auditing profession's body (FSR).

In the framework of its policy the tax authority pursues two objects: preventing tax evasion by small group of companies and simplification of tax system for providing greater efficiency in tax collection. During a joint conference in August the tax authority and FSR will discuss the ways to provide greater tax compliance by Danish taxpayers.

Tax evasion and avoidance is comparatively low in Denmark. Generally, Danish companies want to comply with tax legislation, but the absence of necessary information and guidance leads to errors in companies’ accounts and overall tax base. The cooperation with auditors is vital for elaborating proposals to simplify the rules for taxpayers, especially for small companies.

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