Source: https://www.global-regulation.com/translation/denmark/613813/announcement-of-retirement-returns-taxation-law.html
Timestamp: 2020-01-23 12:08:09
Document Index: 745577897

Matched Legal Cases: ['§ 1', '§ 3', '§ 1', '§ 2', '§ 6', '§ 2', '§ 1', '§ 1', '§ 1', '§ 1', '§ 50', '§ 4', '§ 5', '§ 6', '§ 53', '§ 51', '§ 15', '§ 1', '§ 41', '§ 4', '§ 4', '§ 25', '§ 15', '§ 12', '§ 12', '§ 11', '§ 11', '§ 16', '§ 1', '§ 11', '§ 11', '§ 17', '§ 2', '§ 1', '§ 8', '§ 21', '§ 22', '§ 22', '§ 42', '§ 11', '§ 23', '§ 4', '§ 42', '§ 11', '§ 41', '§ 21', '§ 4', '§ 17', '§ 1', '§ 41', '§ 21', '§ 22', '§ 1', '§ 21', '§ 21', '§ 17', '§ 17', '§ 17', '§ 5']

The estimation of the tax base, etc.
The collection, etc.
Taxable institutions under management
The full text of the Decree of pensionsafkastbeskatningsloven1)
Hereby published pension return tax law, see. lovbekendtgørelse nr. 170 of 22. February 2011 with the changes imposed by § 1, nr. 31 of law No. 1561 by 21. December 2010, § 3 of law No. 599 of 14. June 2011, § 1 of lov nr. 1378 of 28. December 2011, § 2 of the law No. 398 of 9. may 2012, § 6 of the law No. 922 of 18. September 2012, § 2 of the law No. 1227 of 18. December 2012, section 15 of Act No. 1354 of 21. December 2012, section 16 of Act No. 1380 by 23. December 2012, section 7 of the Act No. 649 of 12. June 2013 and § 1 of lov nr. 1500 of 18. December 2013.
Chapter 1 section 1 tax liability. Beneficiaries, which are taxable after withholding tax Act § 1, corporate tax Act § 1 or Fund tax law § 1, and are not considered resident in a foreign State, in Greenland or on the Faroe Islands in accordance with the provisions of a tax treaty, see. However, section 23 (a), paragraph 3 should pay tax in accordance with this law by the following pension plans: 1) Pension schemes covered by Chapter 1 of pension taxation law. However, this does not apply to (a)) schemes in arbejdsmarkedets tillægspension (ATP) covered by section 2 of the pension taxation law, b) schemes in the employees ' capital Pension Fund (LD), c) arrangements, which shall be paid by the public as a result of previous employment in municipal service covered by section 2 of the pension taxation law, (d)) annuities without entitlement to bonus, which was designed before the 1. May 1982, e) schemes approved under section 15 (D) of pension taxation law, f) schemes in pension funds covered by paragraph 2, nr. 9, and g) schemes in the institution of 1925 for private exam schools, etc., the Pension Fund of 1951 for Danish schools in Southern Schleswig, early retirement pension fund for teachers in fresh Sun and after school and institution of the 1950s for various private, ecclesiastical institutions.
4) pension schemes in Danish insurance companies, etc., which are covered by the pension taxation Act § 50.
13) the institution of 1925 for private exam schools, etc., the Pension Fund of 1951 for Danish schools in Southern Schleswig, early retirement pension fund for teachers in fresh Sun and after school and institution of the 1950s for various private, ecclesiastical institutions.
(3). Beneficiaries, which is considered resident in Greenland after the double taxation agreement between Denmark and Greenland, are taxable by pension schemes as referred to in paragraph 1 of the Danish insurance companies, etc.
Chapter 2 section 2 of the taxable returns. To be paid a tax to the State at 15.3% of the taxable returns.
§ 4. Life insurance companies, pension funds and pension funds schemes covered by article 1, paragraph 1, no. 1 and 4, may choose to count the taxpayer returns as the difference between the value of the insurance depot at the end of the year income-adjusted in accordance with paragraph 3 and the value of the insurance depot at the beginning of the year income-adjusted in accordance with paragraph 4. The election is binding and taken for taxation according to this law, without prejudice. However, section 31, paragraph 3. Except for transfers to the depot, which has been included to the taxable amount in accordance with paragraph 5.
(3). Insurance depot at the end of the year income is calculated as follows: 1) Depot attributed to withdrawals from the depot in the course of the year, including the payment of taxes and charges.
section 4 (a). Life insurance companies, pension funds and pension funds schemes covered by article 1, paragraph 1, no. 1 and 4, may choose to count the tax returns in accordance with paragraphs 2-10 instead of assessing the taxable returns under section 4. The election is binding and taken for taxation according to this law, without prejudice. However, section 31, paragraph 3.
§ 5. For schemes in The Supplementary occupational pension for recipients of anticipatory pension apart from schemes in ATP and kapitalpensions funds are assessed the taxable amount which is the difference between the value of the accounts at the end of the year, with the addition of income payments during the year and the value of the accounts at the beginning of the year plus the income payments during the year.
§ 6. The institutions referred to in article 1, paragraph 2, no. 3-6, 9 and 13, shall take into account all forms of Fortune returns to the tax base.
(3). Pension funds subject to section 1, paragraph 2, no. 9 and 13, are not taxable by the portion of the return on assets, which can be attributed to insurance or pension schemes, which are covered by the pension taxation Act § § 53 (A) or 53 (B), and insurance, which are not covered by the pension taxation law, and which alone can reach payout in the event of the insured's illness, disability or death before the insurer agreed expiration time, provided that the agreed expiration time is not later than the first policedag after the insured's age of 80. year. The taxable amount in accordance with paragraphs 1 and 2 shall be reduced by the percentage corresponding to the ratio of pension provision to the relevant pension schemes and liabilities according to the annual accounts with the addition of capital reductions in the income year.
(5). Pension funds subject to section 1, paragraph 2, no. 9 and 13, are not taxable by the portion of the return on assets, which can be attributed to the insurance and pension agreements with municipalities of their obligations as well as invalidity. The taxable amount shall be reduced by the percentage corresponding to the ratio of liabilities to the respective insurance and pension agreements and liabilities according to the annual accounts with the addition of capital reductions in the income year. Paragraph 4 shall apply mutatis mutandis.
(7). Pension funds subject to section 1, paragraph 2, no. 9 and 13, are not taxable by the portion of the return on assets, which can be attributed to the pension provisions with the addition of a proportional share of unallocated bonus reserves for insurance and pension agreements which were in force at the end of 1982, and which remain in force by the end of the tax year, however for every insurance or pension agreement no more than mathematical provisions calculated at the end of 1982 with the addition of distributed bonus not transferred to the mathematical provision, and a proportionate share of the unallocated amount contained in the bonus Fund at this time apart from the provisions relating to annuities with no right to the bonus character before the 1. May 1982. The taxable amount in accordance with this article shall be reduced by a percentage which corresponds to the relationship between the provisions referred to in 1. point, and liabilities according to the annual accounts with the addition of capital reductions in the income year. The provisions and liabilities referred to in 1. paragraph shall be determined at the end of each of the income years. When the inventory is deducted from any State guarantee or commitment of the governmental deficit coverage. In addition, except for provisions in respect of reinsurance and taken from the repositories, which correspond to the provisions concerning assurances given in reinsurance. For members of pension funds, where the pension scheme was not built up, and where tarifmæssigt pension disbursement has not yet started, shall be allocated to the part of the provision that is exempted by the 1. paragraph, on the basis of the present value of the undertaking is given to the individual Member. The present value is multiplied by the ratio between the number of years the person has been a member of the Pension Fund by the end of 1982, and the number of years the person has been a member of the institution, when the pension payout usually must begin. The institution may instead choose to allocate provisions on the basis of the present value of the individual Member pension commitments net of the present value of future annual contributions, but not less than the present value of the paid-up ordinary contribution for Member minus the risk premium.
(2). In determining the taxable amount can be deducted from the following: 1) amount is accrued individually as interest, etc. to cover obligations to pension schemes as referred to in article 1, paragraphs 1, 2) amount is accrued interest, etc. individually as to beneficiaries whose pensions are covered by the pension Tax Act sections 53 A and 53 B, 3) amount to insurance policies, which are not covered by the pension taxation law, and which alone can reach payout in the event of the insured's illness , disability or death before the insurer agreed expiration time, if the agreed expiration time is not later than the first policedag after the insured's age of 80. year 4) amount to the insurance and pension agreements with municipalities for their civil obligations, 5) amounts to saving products for schemes covered by pension taxation Act § 51, 6) amounts to annuities with no entitlement to bonus character before the 1. May 1982, 7) direct payments of Fortune returns to the beneficiaries referred to in point 1. 1-6, 8) amount is accrued to pension schemes covered by § 15 D of pension taxation law, 9) amount is accrued to pension schemes governed by section 53 of the pension taxation law, and 10) amount is accrued to pension schemes, which are designed in the company's branch abroad, on the Faroe Islands or Greenland, and if the owner is not tax liable for withholding tax Act § 1, or if the owner is liable for withholding tax Act section 1 but in accordance with the provisions of a double taxation treaty is established in a foreign State, on the Faroe Islands or to Greenland.
(3). The losing pension fund, etc. may, by a transfer of a pension scheme after the pension taxation Act § 41 according to paragraph 2 only deduct the amount etc., accrued before the transfer, and the receiving institution, etc. can only deduct the amount, etc., that are earned after the transfer.
(4). Exch. rate gains Act §§ 4, 5 and 8 shall apply mutatis mutandis.
(4). The tax base is calculated as the unallocated funds established at the end of the year income deducted from the unallocated funds established at the beginning of the year of income. The taxable amount in accordance with 1. paragraph conferred on interest and positive amounts from equity outside this year's risk and cost result, attributed to technical provisions that are not part of the unallocated funds, see. paragraph 2, or part of the insured deposits, see. § 4 (2) or section 4 a (2). 1, 2. point a negative risk-and cost-result for technical provisions conferred tax base after 2. paragraph a positive cost results for a prior year may be attributed to this year's negative cost result and a positive risk score for a prior year may be attributed to this year's negative risk score. It is a condition of the set-off after 4. point that the pension institution can demonstrate that the savings from either equity or the unallocated resources used to set-off in a year of negative cost result derived from profits on cost outcome for technical provisions from the years preceding the tax year, and that the savings from either equity or the unallocated resources used to set-off in a year of negative risk score, derived from profits at risk score for technical provisions from the years preceding the tax year. To the extent that the unallocated funds measured by income year is changed as a result of taxation under paragraph 1or payment of duty after pension taxation Act section 25 (4) and (5) or section 29 (A), paragraphs 4 and 5 of the basic regulation. pension taxation Act section 38, paragraph 6, except for the change in the inventory of the taxable amount.
(5). If the value of the accounts in an account referred to in paragraph 1 and 2 at the end of a year is reduced due to partial withdrawal from the scheme and this payment exceeds growth after the 1. January 1983 shall be deducted from the calculated value of the account at the end of 1982 with an amount equal to the difference between the payment and the increase of the basic regulation. However, 3. and (4). item Provision shall apply mutatis mutandis by partial payment for an account holder from the schemes referred to in paragraph 4. By transfer after pension taxation Act section 41 (A), paragraph 2, of an insurance or pension plan used the value of savings and life insurance provision, etc., respectively by the end of 1982, see. paragraphs 1 and 2, as a starting point for the calculation of exemption in the new regime. Tax after pension taxation Act § 25 (1) (8). 9, section 26 (A), paragraph 1 1. paragraphs, see. section 25, section 29 (A), paragraph 1, and section 33 (A), paragraph 2, of the basic regulation. section 29 (A), paragraph 1, however, will be distributed proportionally between the calculated value of the account, etc. at the end of 1982 and growth after the 1. January 1983.
(6). By transfer after pension taxation Act section 41 and section 41 (A), paragraph 1, of an insurance or pension plan or from an account in the employees ' capital Pension Fund, in accordance with article 3. section 7 (a) of the law on employees ' capital Pension Fund, the value of savings life assurance provision, etc., respectively by the end of 1982, see. paragraphs 1, 2 and 4, as the starting point for calculation of exemption in the new regime. The amount, which is the basis for the exemption in the new system, however, can never exceed the actual amount transferred. (5) 1. paragraph shall apply mutatis mutandis. In the case of transfer of insurance or pension portfolios between insurance companies or pension funds find similar rules apply.
§ 15. In determining the taxable amount to be included under section 3 the interest income that has become chargeable during the income year, see. However, section 23. Interest income accrued before the tax liability after this law has joined, no account shall be taken in determining the taxable amount pursuant to section 3.
In determining the taxable amount in accordance with sections 6 and 7 shall be taken into account the interest income accrued during the income year. Interest on the amount of tax due in accordance with this law shall be assigned to the payment year.
(7). By the statement of gains and losses on securities which are not admitted to trading on a regulated market or a multilateral trading facility, in which a tax liable within the scope of article 1, paragraphs 1 and 3, have placed their savings in one of the savings schemes, referred to in the pension taxation Act § § 12, § 12 A or 13 or pension tax law § § 11 (A), 15 (A) and 15 (B) without prejudice to article. section 11 (A), shall be for the use of the inventory tax in accordance with paragraph 3 shall be used the largest amount of either the acquisition cost or the company's intrinsic value per share or stock, according to the latest cast-off financial statements per 15. November in the income year. Securities, which afnoteres from trading on a regulated market or a multilateral trading facility shall be considered in the valuation after 1. item for acquired to the last rate recorded in afnoteringen. By the pension provision to onset of tax liability under section 1, paragraphs 1 and 3, stocks and shares as mentioned in 1. item is considered acquired for the intrinsic value per share or stock, according to the latest annual accounts before the onset of cast-off tax liability. Are the shares or shares in the company attributed to various rights, must be corrected for this by the inventory of the company's equity value per share or stock after 1. point, if the various rights have meaning for their value. The taxpayer must annually and no later than the 1. December of each year provide the bank information on the values measured after 1., 3. and (4). point to use for the tax under this law. Gives the taxpayer not Bank disclosure of values after 1., 3. and (4). point in time, use the Bank acquisition cost by the estimation of the inventory tax in accordance with paragraph 3. The rules in the 1. and 3.-6. paragraph shall apply mutatis mutandis to units of a limited partnership with a share, which a tax liable within the scope of article 1, paragraphs 1 and 3, have placed their savings in one of the savings schemes, referred to in the pension Tax Act sections 12, 12A or 13 or pension tax law § § 11 (A), 15 (A) and 15 (B) of the basic regulation. section 11 (A).
(8). Paragraph 7 shall not apply for securities which have been admitted to trading on a regulated market or a multilateral trading facility, if rendered bankruptcy against the company. Paragraph 7 shall not apply to securities which are admitted to, but suspended from trading on a regulated market or a multilateral trading facility. By the statement of gains and losses in accordance with paragraph 3 shall shares after 2. item valued at the last rate recorded before the suspension.
§ 16. Taxable subject to § 1 (1) and (3), shall determine the tax return of one of the savings schemes, referred to in the pension Tax Act sections 12, 12A or 13 or pension tax law § § 11 (A), 15 (A) and 15 (B) of the basic regulation. section 11 (A), and which are placed in a limited partnership, as the sum of payments from share and gains and losses on the share calculated according to the rules laid down in paragraph 2, without prejudice. However, paragraphs 4 and 5.
(6). Paragraphs 4 and 5 shall apply mutatis mutandis to savings schemes referred to in the pension Tax Act sections 12, 12A or 13 or pension tax law § § 11 (A), 15 (A) and 15 (B) of the basic regulation. section 11 (A), and which are placed in shares in limited partnerships with.
§ 17. 2) If the taxable portion of the tax base will be negative, a negative income tax is calculated by the rate specified in § 2. The negative tax may be deducted from tax in accordance with this law for subsequent income year, see. However, paragraph 2. 2. paragraph shall apply mutatis mutandis to the interest attributable to the special account for negative tax, see. (6). Amount on the special account for negative tax, see. paragraph 6, shall be deducted from, before deduction of other negative tax. Deduction shall be made in the earliest possible income year. In the case of transfer, including conversion, after pension taxation Act section 41 (A), paragraph 2, shall be reduced by the negative tax after 1. point at the time of the transfer, including the conversion, in relative terms. The proportional reduction is calculated as the ratio of the tax by the amount transferred, including converted and the amount to be transferred, including converted. Tax basis in the income year in which the transfer, including the conversion takes place, which has increased or diminished the negative tax after 6. paragraph, account shall be taken not by the statement of income of the year then the total tax base.
(2). For taxable pursuant to section 1, paragraph 2, no. 1, 2, 7, 8 and 10, can be negative tax and interest in accordance with paragraph 1, 2. and (3). point, there is no deduction in the next 5 income year after the tax year in which the adverse tax and interest is calculated, shall be paid, in accordance with article 3. However, paragraphs 3 and 4. By declaration after 1. paragraph shall be deemed to be interest rates, which is attributed to the special account for negative tax, in order to have occurred at the same time as the negative income tax, they are meant for.
(3). For taxable pursuant to section 1, paragraph 2, no. 1, 2, 7 and 8, the amount to be paid in accordance with paragraph 2, combined with the previous amounts paid in accordance with paragraph 2 shall not exceed the sum of tax in accordance with this law, § 1) 7, which overall is paid in the prior income year 2) 15 per cent of a positive difference between a) shareholders ' equity plus the sum of the total collective bonus potential, unallocated collective special bonus provisions and accumulated value adjustments calculated on 31 December. December 2009, derived from profits on interest items, reduced by the proportion that the 31. December 2009 can be attributed to the schemes covered by section 15 and section 16 of the law on the taxation of certain pension funds etc. (pension yield tax law), and reduced by the proportion that the 31. December 2009 can be attributed to savings before 1982, see. section 7 of the law on the taxation of certain pension funds etc. (pension yield tax law), and b) shareholders ' equity plus the sum of the total collective bonus potential, unallocated collective special bonus provisions and accumulated value adjustments calculated at the end of the income year, derived from profits on interest rate elements, less the share at the end of the tax year can be attributed to the schemes covered by section 15 and section 16 of the law on the taxation of certain pension funds etc. (pension yield tax law) , and reduced by the proportion, by the end of the tax year can be attributed to savings before 1982, see. section 7 of the law on the taxation of certain pension funds etc. (pension yield tax law), and
3) accrued interest interest on the special account for negative tax, see. (6) 1. PT.
(4). For taxable pursuant to section 1, paragraph 2, no. 10, the amount to be paid in accordance with paragraph 2, combined with the previous amounts paid in accordance with paragraph 2 shall not exceed the sum of tax after this law 1) section 8, which overall is paid in the prior income year 2) 15 per cent of a positive difference between a) the sum of the total collective bonus potential, unallocated collective special bonus provisions and accumulated value adjustments calculated on 31 December. December 2009, derived from profits on interest items, reduced by the proportion that the 31. December 2009 can be attributed to the schemes covered by section 15 and section 16 of the law on the taxation of certain pension funds etc. (pension yield tax law), and reduced by the proportion that the 31. December 2009 can be attributed to savings before 1982, see. section 7 of the law on the taxation of certain pension funds etc. (pension yield tax law), and (b)) the sum of the total collective bonus potential, unallocated collective special bonus provisions and accumulated value adjustments calculated at the end of the income year, derived from profits on interest rate elements, less the share at the end of the tax year can be attributed to the schemes covered by section 15 and section 16 of the law on the taxation of certain pension funds etc. (pension yield tax law) , and reduced by the proportion, by the end of the tax year can be attributed to savings before 1982, see. section 7 of the law on the taxation of certain pension funds etc. (pension yield tax law), and 3) accrued interest interest on the special account for negative tax, see. (6) 1. PT.
(6). For taxable pursuant to section 1, paragraph 2, no. 1, 2, 7, 8 and 10, can be a part of the income of the year negative tax calculated in accordance with paragraph 1 1. paragraph shall be transferred from the General account for negative tax to a special account for negative tax interest income at the end of the year with an annual interest rate equal to the 5-year-old in the interest of the FSA published discount yield curve by measuring insurance liabilities on the last working day of the tax year. The negative income tax and the calculated interest no interest in payout this year in accordance with paragraph 2 or download the following year 7. point that part of the income of the year negative tax transferred after 1. item may not exceed an amount equal to the tax value of the omtegnings bonus, as the pension institution in the income year has distributed to beneficiaries in relation to repaint of a system of entitlement to interest bonus to a system without the guarantee, a system of 0 per cent guarantee or a system with a conditional guarantee without an associated unconditional guarantee of 0 per cent. For pension funds, etc., within the scope of section 7 are assessed tax value of the distributed omtegnings bonus after 3. point as the tax value of the portion of the amount that is deducted under section 7 (2), nr. 1, and the tax value of direct payments to beneficiaries of schemes covered by section 7 (2), nr. 1, of the basic regulation. section 7, paragraph 2, no. 7, attributable to the distribution of omtegnings bonus. For life insurance companies, etc., within the scope of § 8 is calculated the tax value of the distributed omtegnings bonus after 3. point as the tax value of the portion of the amount, which has reduced the taxable amount pursuant to section 8 (4) 1. item attributable to the distribution of omtegnings bonus. The balance of the special account for negative tax shall be increased by the return of the balance by the end of the year and income shall be reduced by an amount equal to the amount in the special account for negative tax deduction in the year of income tax after sections 7 or 8 of the basic regulation. paragraph 1, as well as the amount paid from the special account for the negative tax in the tax year, see. (2). Negative income tax and the calculated interest on the special account for negative tax is not deducted in the year of income tax after sections 7 or 8 of the basic regulation. paragraph 1, or are paid, without prejudice. paragraph 2, shall be transferred to the General account of the negative tax in the sixth year after the tax year in which the negative tax is calculated.
§ 21. The taxpayer under section 1, paragraph 2, and insurance companies, etc., see. However, § 22, providing pension schemes covered by article 1, paragraph 1, shall submit before 31 December 1999. may, after the end of the year a comprehensive income statement for customs and tax administration of the taxable amount and the taxable portion thereof as well as of tax for the tax year. Of the calculated final tax for the tax year calculated interest from the 20. February in the year following the income year, the payment is made, see. However, 4. -7. Pkt. Hoard with the addition of calculated interest shall be paid at the same time with the submission of the inventory. Insurance companies, etc., see. However, section 22, no later than the 19. February, year after year choose to pay income tax. For the insurance companies, etc. that choose to pay the tax, interest shall be calculated by the difference between the calculated final tax and the paid tax for the tax year from the 20. February the year after the tax year, and the payment is made. Amount of tax due plus interest accrued, shall be paid at the same time, calculated with the submission of the final statement. Excess tax amount with interest will be refunded. Interest rate after 2. and 6. point corresponds to the interest rate referred to in section 27, paragraph 5, of the year following the income year. Interest rates after 7. point corresponds to the interest rate referred to in section 27, paragraph 5, of the year following the income year after deduction of the 3.5 percentage points. Interest rates after 7. item can not be less than 0 percent tax is paid late, the interest rate is calculated after 2. and 6. point, however, only up to and including the last timely indbetalingsdag.
§ 22. Financial institutions, credit institutions and kapitalpensions funds shall submit not later than the 22nd. January after the end of the year an income declaration to the Customs and tax administration of the taxable amount and the taxable portion thereof as well as of the tax for each taxable pension schemes referred to in article 1, paragraph 1. And loss of retirement savings accounts after retirement tax act sections 12, 12A, 13 accounts after retirement or taxation Act § 42, and installment savings accounts after retirement tax law § § 11 (A), 15 (A) and 15 (B) of the basic regulation. section 11 A, and SP-accounts, see. lov om arbejdsmarkedets tillægspension, however, can be gathered. Of the calculated final tax for the tax year calculated interest from the 8. January of the year following the income year to the 15. January of the year following the income year. Tax plus the calculated interest shall be paid at the same time with the submission of the inventory. Financial institution, etc. can choose to pay the interest on behalf of plan-holders and, subsequently, on the basis of criteria laid down in the individual financial institution, etc. choose to carry out an individual interest calculation and interest collection for the individual pension saving. The interest rate corresponds to the rate of interest referred to in section 27, paragraph 5, of the year following the income year.
§ 23. Is terminated by the pension schemes referred to in article 1, paragraph 1, during the income year to the insurance company, etc. to make a final statement of the taxable amount and the taxable portion thereof, subject to article 20. However, paragraph 4. The insurance company, etc. must withhold tax and enter and deposit it to the Customs and tax office within 3 working days after the insurer has paid the taxable allowance, etc. Where the repeal does not imply that payment, the insurance company, etc., withhold taxes and to set and pay it to the tax and customs administration, within 1 month after the insurer etc. have gained knowledge of the lifting. At the same time as the payment of taxes gives the insurance company, etc., the taxpayer notification of the deposit in accordance with the rules laid down by the tax Minister. By the final statement of the taxable amount for a retirement savings account shall be deemed to be a security for abandoned at the time of termination of your account for an amount equal to the fair market value at the time of repeal. By this declaration must, in addition to interest due account shall be taken of the interest at the time of the repeal is accrued, but not due. By the final statement of the taxable amount of a pension scheme, describing the tax returns in accordance with §§ 4 or 4 (a), account shall be taken of the part of the taxable profits, incurred in the tax year.
(2). Financial institutions, credit institutions and kapitalpensions funds indicates and deposit no later than 22. January after the end of the remaining income tax in accordance with paragraph 1, together with interest calculated in accordance with paragraph 3 to the Customs and tax administration. For other insurance companies, etc., providing pension schemes covered by article 1, paragraph 1, shall take place not later than 31 December 2007. deposit may, after the end of the year income. At the same time are submitted statement of taxable amount and the taxable portion thereof as well as taxes for each of the in clause 1 (1) taxpayer pension schemes. And loss of retirement savings accounts after retirement tax act sections 12, 12A, 13 and accounts after retirement or taxation Act § 42, installment savings accounts after retirement tax law § § 11 (A), 15 (A) and 15 (B) of the basic regulation. section 11 A, and SP-accounts, see. lov om arbejdsmarkedets tillægspension, however, can be gathered. Excess tax amount plus interest calculated in accordance with paragraph 3 shall be paid to the insurance company, etc.
(4). Paragraph 1 shall not apply upon termination of any of the savings schemes referred to in article 1, paragraph 1, in connection with a transfer of pension taxation Act § 41 or section 41 (A), when the transfer is made within the same insurance company, etc., or between two insurance companies, etc. Instead submit the insurance company or the insurance company, etc., etc., to which the scheme is moved, inventory for the period from 1 July 2001. January in the tax year up to and including 31 December 2002. December of the tax year. If the transfer of the system causes the system switch statement method during the income year, prepare a statement of the taxable amount for the insurance change assessment principle, at the time of the transition to the new accounting method. Tax is calculated, withheld and paid as part of the tax in accordance with §§ 21 and 22. For taxation pursuant to section 4 shall be deemed to be the value of the insurance depot at the time of the transition to the new accounting method to be the value of the insurance depot at the beginning of the year, within the meaning of income. section 4, paragraph 1. For taxation pursuant to section 4 (a) ascertained the taxable returns under section 4 (a), as if the income year for the scheme is that part of the income year in which the scheme is calculated under section 4 (a). For taxation pursuant to section 3 is calculated the taxable returns under section 3 as if the income year for the scheme is that part of the income year in which the scheme is calculated under section 3.
section 23 (a). When the tax liability of the taxpayer referred to in section 1, paragraphs 1 and 3, shall cease, without that there is talk about deaths, insurance company, etc. to make a final statement of the taxable amount and the taxable portion thereof. The insurance company, etc. must withhold tax and enter and deposit it to the Customs and tax administration, within 1 month after the insurer etc. have become aware of the termination. At the same time as the payment of taxes gives the insurance company, etc., the taxpayer notice of the deposit. By the final statement of the taxable amount for a retirement savings account shall be deemed to be a security for abandoned at the time of termination of tax liability for an amount equal to the fair market value at the time of termination. By this declaration must, in addition to interest due account shall be taken of the interest at the time of termination is accrued, but not due. By the final statement of the taxable amount of a pension scheme, describing the tax returns in accordance with §§ 4 or 4 (a), account shall be taken of the part of the taxable profits, incurred in the tax year. section 23 (2) and (3) shall apply mutatis mutandis.
(2). For the purposes of section 15, paragraph 7, to the taxpayer for the use of the money the Department's statement as referred to in paragraph 1 give the Department an indication of values measured under section 15, paragraph 7, 1. and (4). paragraph, on the basis of the latest available accounts. For the purposes of section 16, paragraph 2, to the taxpayer for the use of the money the Department's statement as referred to in paragraph 1 give the Department information as referred to in section 16, paragraph 3, on the basis of the latest available accounts or by the value of the assets of the limited partnership as mentioned in section 16, paragraph 2 2. item tax liability at the time of termination, as referred to in paragraph 1.
(3). Allow to stand for a negative income tax, see. § 17, at the end of the income year in which the tax liability of the taxpayer referred to in section 1, paragraphs 1 and 3, shall cease, without that there is talk about deaths, can be used to set-off the negative tax in the positive tax by any subsequent return in tax liability under section 1, paragraphs 1 and 3. Repealed the pension scheme in the period after the termination of the tax liability under section 1, paragraphs 1 and 3, without tax liability under section 1, paragraphs 1 and 3, are genindtrådt, section 25 shall apply.
(3). Paragraphs 1 and 2 shall apply mutatis mutandis for the tax, as taxable, referred to in § 1, paragraph 2, provides for pension schemes under section 1, paragraph 1.
(2). Paragraph 1 shall not apply upon the termination of one of the savings schemes referred to in article 1, paragraph 1, in connection with a transfer of pension taxation Act § 41 or section 41 (A), when the transfer is made within the same insurance company, etc., or between two insurance companies, etc. Instead, the negative tax be used for deduction in tax for the following year in the newly created system or the existing system, for which the original scheme is transferred.
(2). Customs and tax administration shall notify the person who submitted the statement, of any changes to the tax and of the reasons for the change and the right to complain to the national tax Tribunal or to the skatteankeforvaltningen in accordance with detailed rules adopted pursuant to section 35 (b) tax forvaltningslovens (3). We are talking about changing the tax for pension schemes referred to in article 1, paragraph 1, it shall transmit the insurer etc. message to the taxpayer, within 4 weeks after the insurance company, etc. have received notification of the change of the treasure.
(3). Consider a taxable pension justified it by the insurance company, etc. carried out the estimation of the tax base or calculating tax for misinterpretation, the taxpayer may refer the matter to the national tax Tribunal or for skatteankeforvaltningen in accordance with detailed rules adopted pursuant to section 35 (b) forvaltningslovens tax, (3) not later than 3 months after receipt of the notification in accordance with §§ 21 and 22 and section 23, paragraph 1. The recipient must attach a statement from the insurance company, etc. on the calculation of tax and indicate on which points the beneficiaries believe that the treasure has been calculated incorrectly, and the insurance company m. v. s comments.
(5). Change a tax amount that has been paid in accordance with sections 21-24 of the pension institution, interest shall be the amount of the difference from the 20. February in the year following the income year, the payment is made. Change a tax amount that has been paid in accordance with §§ 22-23 (a) of a financial institution, a credit institution or a kapitalpensions Fund, interest shall be the amount of the difference from the 8. January of the year following the income year, the payment is made. The interest rate for the year in which the remuneration relates shall be calculated on the basis of a simple average of the of Danmarks Nationalbank settled credit card interest rates for non-financial companies in the months of July, august and september in the previous calendar year. The National Bank credit card interest rates for monthly ascertained by non-financial corporations is calculated according to The European Central Bank Regulation (EC) No 1782/2003. 63/2002 of 20. December 2001 concerning statistics on the MFI interest rates on deposits from and lending to households and non-financial corporations (ECB/2001/18). The National Bank credit card interest rates for monthly ascertained by non-financial corporations is calculated as a weighted average of the effective interest rate for the outstanding loan volume calculated to two decimal places. The simple average of the basic regulation. 3. paragraph, is calculated to one decimal place. The interest rate shall be published no later than the 15. December preceding the tax year corresponding to the calendar year. The additional tax is paid after the period referred to in paragraph 4, calculated this interest, however, only the last timely indbetalingsdag.
(3). Customs and tax administration can impose on taxpayers pursuant to section 1, paragraph 2, insurance companies, etc., providing pension schemes covered by article 1, paragraph 1, mutual funds and tax payers subject to § 1 (1) and (3) before a specified deadline to provide the information that the Administration need by control of the inventory of tax in accordance with §§ 21-24.
section 31. Tax Minister may lay down rules on the law's administration, including about 1) the accounting basis for the preparation of the inventory in accordance with §§ 21-24, 2) what information is to be communicated to the Customs and tax administration for use by the materiality of the taxable amount and the taxable portion thereof, as well as the form in which these particulars must be presented, 3) conversion of acquisition and divestment summer summer for cash value, see. section 15 (3), (4) the adjustment of the tax base) and the taxable portion thereof, 5) adaptation of the deadline for the submission of the statement and tax return and the adaptation of it by moving a system to or from an insurance company, etc., 6) adaptation of who is obliged to pay the tax, 7) disclosure of information between the insurance companies, etc., for use in the tax calculation in the context of transfers as referred to in section 10 (6) 8) set-off by the negative tax pursuant to section 25 by the payment of tax under section 23 or charge pursuant to section 38 of the pension tax law, including insurance companies, etc., liability for amounts deducted in breach of section 25, as well as the rate of return on these, and 9) the information which must be communicated to the Customs and tax administration for use by the materiality of the tax in accordance with this Act, to be transferred to Greenland after tax agreement between Denmark and Greenland by 20. February 2012.
(2). Customs and tax administration can lay down rules that there is no tax to be paid for beneficiaries who are not taxable under section 1, paragraphs 1 and 3.
Paragraph 18. The insurance company, etc. shall, no later than 8 weeks after the Customs and tax administration has paid the amount to the insurance company, etc., to inform the beneficiaries of the amount. 1. paragraph shall not apply where the beneficiaries are covered by paragraph 3, 4 and 6. Consider a pension entitled the calculation or apportionment of the amount of compensation that the insurer, etc. made for incorrect, can the recipient may refer the matter to the national tax Tribunal or to the skatteankeforvaltningen in accordance with detailed rules adopted pursuant to section 35 (b) forvaltningslovens tax, (3) not later than 3 months after the recipient has received notification of the amount. The recipient must attach a statement from the insurance company, etc. on the calculation and allocation of the compensation amount and specify on which points the beneficiaries believe that the amount of compensation has been calculated incorrectly, and the insurance company m. v. s comments.
Paragraph 13. The insurance company, etc. shall, no later than 8 weeks after the Customs and tax administration has paid the amount to the insurance company, etc. to inform the beneficiaries of the amount of compensation. 1. paragraph does not apply to pension institutions, with regard to beneficiaries covered by paragraphs 1 and 2. Consider a pension entitled the calculation or apportionment of the amount of compensation that the insurer, etc. made for incorrect, can the recipient may refer the matter to the national tax Tribunal or to the skatteankeforvaltningen in accordance with detailed rules adopted pursuant to section 35 (b) forvaltningslovens tax, (3) not later than 3 months after the recipient has received notification of the amount. The recipient must attach a statement from the insurance company, etc. on the calculation and allocation of the compensation amount and specify on which points the beneficiaries believe that the amount of compensation has been calculated incorrectly, and the insurance company m. v. s comments.
The tax Ministry, the 10. October 2014 P.M.V. Sevan/Søren Schou Official notes 1) This legislative decree contains comments on the main entry-into-force provisions of laws adopted by the Folketing years 2010-2011, 2011-2012, 2012-2013 and 2013-2014. With regard to the comments on the entry into force and transitional provisions for previous changes of the pension yield tax law, including Act No. 1561 by 21. December 2010, please refer to lovbekendtgørelse nr. 170 of 22. February 2011.
2) § 17, paragraphs 2 to 4 and 6, as amended by section 1, nr. 2-8 of law No. 1500 of 18. December 2013. The law shall take effect as from the income year 2013. Pension institutions in tax year 2010 up to and including the income year 2012, has distributed omtegnings bonus to pensioners in connection with a repaint of a system of entitlement to interest bonus to a system without the guarantee, a system of 0 per cent guarantee or a system with a conditional guarantee without an associated unconditional guarantee of 0 per cent, in the year 2013 to transfer an amount of income of the special account for negative tax corresponding to the amount calculated according to the pension yield tax § 17 (6), 3.-5. section, set up after the pension yield tax § 17 (1), (2). paragraphs, see. § 5 (2) of law No. 1500 of 18. December 2013.