Denmark: Computational adjustments for foreign withholding tax relief were subject to extended reassessment deadline for controlled transactions
Supreme Court decision
The Danish Supreme Court on January 29, 2025, held that computational adjustments to a company's foreign withholding tax relief statements fall under the extended reassessment deadline for controlled transactions.
The court's decision confirms that these adjustments, which affect the calculation of Danish income tax payables related to controlled transactions, are covered by section 26(5) of the Danish Tax Administration Act.
For more information, contact a KPMG tax professional in Denmark:
Peter Rose Bjare | peter.bjare@kpmg.com
Rune Meldgaard Christensen | rune.christensen@kpmg.com