The Danish government published a package of measures to prevent tax evasion and the use of tax havens on 6 November 2014.
The Package highlighting on the following measures:
- Taking an active role at the international level by, inter alia, working towards introducing automatic information exchange as a global standard;
- Creating better transparency of ownership of enterprises by introducing an ownership register and giving the tax authorities direct access to it; and
- Making recommendations which focus on the advisor’s responsibility not to advice on solutions which contribute to cross-border tax evasion.
Additionally, the money laundering supervision will be improved by increasing checks of businesses and introducing new earnings.
