A Tax Sharing Agreement becomes necessary when multiple entities within a corporate group need to establish clear mechanisms for allocating tax liabilities and benefits under Danish tax law. This document is particularly crucial in Denmark due to the mandatory joint taxation regime for resident group companies and optional international joint taxation rules. The agreement typically addresses calculation methods for tax allocations, payment timing, administrative responsibilities, and dispute resolution procedures. It ensures compliance with the Danish Corporate Tax Act (Selskabsskatteloven) and related regulations while providing a framework for efficient tax management within the group structure. The Tax Sharing Agreement is essential for groups operating under Danish joint taxation rules and must be regularly reviewed to reflect changes in tax legislation and group structure.
Create a bespoke document in minutes, or upload and review your own.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership聽of your information
Key Requirements PROMPT example:
Tax Sharing Agreement
I need a Tax Sharing Agreement under Danish law for a manufacturing group with one parent company and three Danish subsidiaries, to be effective from January 1, 2025, with specific provisions for handling R&D tax credits and loss utilization between group companies.
1. Parties: Identification of all participating entities, including their registration numbers and addresses
2. Background: Context of the agreement, including the group structure and reason for tax sharing arrangement
3. Definitions: Definitions of key terms used throughout the agreement, including tax-specific terminology
4. Scope of Agreement: Detailed description of what taxes and tax-related items are covered by the agreement
5. Tax Sharing Principles: Core principles for calculating and allocating tax liabilities and benefits between parties
6. Payment Terms: Timing and method of payments, including quarterly estimates and final settlements
7. Tax Reporting Obligations: Requirements for information sharing, documentation, and tax return preparation
8. Administration: Designation of the administrative entity and its responsibilities
9. Record Keeping: Requirements for maintaining tax records and supporting documentation
10. Dispute Resolution: Procedures for resolving disagreements about tax calculations or allocations
11. Term and Termination: Duration of the agreement and circumstances allowing termination
12. Confidentiality: Provisions regarding the confidentiality of tax information
13. Governing Law and Jurisdiction: Specification of Danish law application and jurisdiction
1. International Tax Provisions: Required when agreement involves international entities or cross-border transactions
2. Transfer Pricing Adjustments: Needed when parties engage in significant related-party transactions
3. Special Tax Benefits: Include when specific tax incentives or benefits need to be allocated
4. Change in Law Provisions: Additional provisions for handling significant changes in tax legislation
5. Group Relief Provisions: Required when tax losses can be transferred between group companies
6. Exit Provisions: Detailed procedures when a party leaves the tax sharing arrangement
7. Withholding Tax Provisions: Include when cross-border payments subject to withholding tax are involved
1. Schedule 1 - Calculation Methodology: Detailed formulas and methods for calculating tax shares
2. Schedule 2 - Payment Procedures: Specific procedures and timelines for making tax-related payments
3. Schedule 3 - Reporting Templates: Standardized formats for regular tax reporting between parties
4. Schedule 4 - Group Structure Chart: Current corporate structure showing relationships between parties
5. Appendix A - Contact Details: List of key contacts responsible for tax matters at each entity
6. Appendix B - Tax Registration Information: Tax registration numbers and details for all participating entities
7. Appendix C - Historical Tax Information: Relevant historical tax positions and arrangements
Authors
Relevant legal definitions
Clauses
Relevant Industries
Financial Services
Manufacturing
Real Estate
Energy and Utilities
Technology
Pharmaceutical
Retail and Consumer Goods
Transportation and Logistics
Professional Services
Construction
Healthcare
Telecommunications
Relevant Teams
Finance
Tax
Legal
Treasury
Accounting
Corporate Governance
Compliance
Financial Planning and Analysis
Risk Management
International Tax
Relevant Roles
Chief Financial Officer
Tax Director
Head of Tax
Financial Controller
Group Treasurer
Tax Manager
Corporate Counsel
Finance Director
Tax Accountant
Group Financial Controller
Tax Compliance Manager
Senior Tax Analyst
Legal Counsel
Corporate Secretary
Finance Manager
Find the exact document you need
Transfer Pricing Agreement
A legally binding agreement establishing transfer pricing methodology between related entities, compliant with Danish tax law and OECD Guidelines.
find out more
Double Tax Avoidance Agreement
Danish-law governed bilateral treaty preventing double taxation between Denmark and partner country, establishing tax rights and dispute resolution mechanisms.
find out more
Double Tax Agreement
A Danish-law governed Double Tax Agreement that prevents double taxation and tax evasion between Denmark and another country while establishing clear taxing rights and dispute resolution mechanisms.
find out more
Advance Price Agreement
A binding agreement under Danish law between taxpayer(s) and tax authorities establishing approved transfer pricing methodologies for future intercompany transactions.
find out more
Fuel Tax Agreement
A Danish law agreement establishing fuel tax compliance and reporting obligations between tax authorities and fuel consumers/suppliers.
find out more
Tax Indemnification Agreement
Danish law-governed agreement establishing tax indemnification obligations between parties, defining protection against specified tax liabilities and associated procedures.
find out more
Tax Sharing Agreement
A Danish law-governed agreement establishing tax sharing arrangements between group entities, compliant with Danish corporate tax legislation and joint taxation requirements.
find out more
Installment Agreement
A Danish law-governed agreement enabling purchase of goods or services through structured periodic payments, compliant with Danish credit and contract legislation.
find out more
Download our whitepaper on the future of AI in Legal
By providing your email address you are consenting to our Privacy Notice.
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a 拢1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.