Wednesday, July 4, 2018
An administrative overhaul of Denmark's tax authority was instituted on July 1, with a series of new specialized boards becoming operational.
Under the changes, the tax authority has been split into seven separate entities, each of which has a core area of competency. The new boards include the following:
Commenting on the changes, Tax Minister Karsten Lauritzen said that he has "a high degree of faith in the new tax administration."
"Now you get a clear focus and more attention on the individual areas," he said.
Last year, the Danish parliament voted through an additional DKK5.5bn (USD859m) in funding for the tax authority, taking the total amount the Government will spend on overhauling the administration of taxation to DKK10.5bn.
As part of these reforms, the Government plans to hire an additional 1,800 tax authority staff by 2021 and invest in new information technology systems.
The additional investment will also help it to target areas of the tax regime that are prone to avoidance and evasion, particularly in the area value-added tax, the Tax Ministry has said.