Executive summaryOn 6 October 2021, the Danish Government published bill No. L7 which to a large extent abolishes the requirement to include domestic controlled transactions in transfer pricing (TP) documentation.The bill is expected to be enacted during the fall of 2021 taking effect for income years starting 1 January 2021 or later.Detailed discussionUnder existing law, Danish companies must prepare TP documentation for all intercompany transactions including domestic controlled transactions.Main ruleAccording to the bill, TP documentation is not required for transactions between Danish group entities subject to ordinary company taxation.ExceptionsAccording to the bill, TP documentation is still required in pure domestic...