Tax Arkiv - Crossbord

Fun at the annual DHL Relay Race 2024

Every year the Crossbord team participates in the international DHL Relay Race – and this year was no exception!

Why Payroll matters – understanding Denmark’s transition to a reporting based tax system

In the early 2000s the Danish Tax Ministry had a vision of a tax return-free society. With the changes in 2018 the system has taken a big step forwards, and we are “almost” there. In 2018 the Danish system simplified its tax system by eliminating traditional self-reporting (tax return) and replacing it with a more streamlined reporting system. This change supports the broader vision of reducing administrative burdens and leveraging technology to enhance tax compliance. The new approach particularly impacts global mobility, where the responsibility for accurate income reporting shifts significantly towards employers.

Illustration of a person with a worried face standing at an open window, out of which money is flying. The background features a cargo vessel on the water. The sky is blue with white clouds, and the wall where the window is installed is made of red bricks.

Managing Tax Challenges for Employees Embarking on Nordic Vessels

In our globalised economy, companies frequently encounter intricate tax challenges, particularly when their employees engage in projects abroad. This article explores a recent ruling (SKM2024.333.ØLR) by the Eastern High Court of Denmark, providing insights on how businesses can effectively navigate the tax landscape to achieve compliance and optimal tax treatment.

Updated Guidelines for the valuation of foreign properties of the 2023 property value tax

The Danish Tax Authority has updated the guidelines for calculating property value tax for foreign properties in 2023. This includes the Swedish index for holiday homes, OECD index figures, a British index approved by the Valuation Authority in the UK, and the Danish Statistics price index for summer houses.

The image depicts the Danish seat of government Christiansborg castle with lady justice holding scales and a sword standing across from a sailor, a man with a building with a note on it that says "family business", and a man holding a gift.

Political consensus on reform to support business

A broad political agreement has been reached to strengthen Danish business life through the sanitation of business support and new initiatives. The agreement has garnered support from a wide range of political parties, reflecting a commitment to invest in Denmark’s future and maintain its strength in green technologies and health.

Happy day of the Seafarers

Crossbord celebrates the International Maritime Organization’s Day of the Seafarer, which this year focuses on the enhancement of safety standards in the maritime industry. Crossbord supports the initiative to enhance both physical and psychological safety for seafarers and other crew at sea. As a company, we are dedicated to provide ongoing support for organisations and their crews, ensuring their safe navigation through the currents of international tax and compliance.