Denmark issues draft bill on the implementation of the DAC

On 18 September 2015, the Danish Ministry of Taxation sent a draft bill into public hearing regarding the implementation of the Directive on Administrative Cooperation into the Danish tax law (Link – Danish). At the same time, the implementation of the European Savings Directive will be repealed. The deadline for submission of comments is set for 16 October 2015.

The executive order on the implementation of the Common Reporting Standard will be issued at a later date.

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