Denmark's Justice Minister Nick Haekkerup announced today in Copenhagen that the country will set up temporary internal border checks at the border with | International Visitor News | eTurboNews | Trends | Travel News
Danica deepens non-life insurance loss in H1 amid tax dispute ipe.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ipe.com Daily Mail and Mail on Sunday newspapers.
Denmark to Revise Tax Law to Target Cryptocurrencies
The Danish tax ministry is reportedly mulling over revising the country’s tax law to deal with the challenges posed by cryptocurrencies. Denmark’s tax authority is concerned about the rising risk of fraud and
widespread filing errors involving cryptocurrencies.
Denmark to Revamp Tax Law to Deal With Cryptocurrency
Denmark is considering revamping its tax code in order to deal with cryptocurrency after discovering that two-thirds of bitcoin and other cryptocurrency transactions were not properly taxed, Bloomberg reported Tuesday.
The country’s existing tax code is not sufficient to deal with the challenges posed by crypto assets, the Danish tax ministry explained. The authority said in a statement Tuesday that the current tax code “dates back to 1922 and therefore doesn’t take financial cryptocurrencies into account.” The ministry cited a heightened risk of fraud as well as widespread tax filing
Acquittal for Former French PM in Corruption Trial
Félix de Belloy won an acquittal for Edouard Balladur
before the Court of Justice of the Republic in the former French
prime minister s trial over allegations that he financed his
1995 presidential campaign with illegal kickbacks from
international arms deals. On March 4, a 15-judge panel exonerated
the 91-year-old politician after 20 years of public accusations.
The Court found that Balladur was never involved in a fraudulent
system of kickbacks; that financing for his presidential campaign
in 1995 was lawful; and that he was not responsible, even
indirectly, for a bombing in Karachi, Pakistan in 2002 that had