Tax Amnesty - Deadline On 30 June 2013

Danish taxpayers who have not declared deposits etc. in for example foreign banks, and who have not already been contacted by the Danish Tax Authority or other Danish authorities regarding the issue, have the possibility of voluntarily declaring the deposits against a reduced fine and without the risk of imprisonment. Deadline is on 30 June 2013.

The amnesty

Irrespective of the amount of the tax evaded, the amnesty ensures that the taxpayer is only fined and there is no risk of imprisonment. The fine cannot exceed 60% of the tax evaded on the condition that the tax and the interest thereon are effectively paid. The fine is calculated on the basis of the tax with no interest added.