The Danish parliament is considering draft bill L 7, which includes amendments to the Tax Control Act and the Tax Assessment Act. One of the main amendments is meant to relax the transfer pricing documentation preparation requirements. Under current rules, transfer pricing documentation is generally required to be prepared for both domestic and cross-border controlled transactions, although smaller companies are only subject to prepare "special" documentation for cross-border transactions. Draft bill L 7 would amend the requirements by limiting the situations in which documentation must be prepared for controlled transactions to include situations where: One party to a controlled transaction...