This section describes when banks and pension providers must submit the statement of the basis of taxation and pay PAL tax.

The section covers

• Pension providers liable to taxation under Section 1(2) of PAL and pension plans liable to taxation taken out with pension providers (D.1.1)
• Pension plans liable to taxation taken out with banks etc. (D.1.2)
• Declaration and settlement by banks and pension providers on the termination of pension plans (D.1.3)
• Cessation of tax liability (D.1.4)
• Payment of negative PAL tax upon termination (D.1.5)
• Disclosure of information etc. in connection with transfers under Section 41 of the Danish Pension Tax Act (Pensionsbeskatningsloven (PBL)) (D.1.6)
• Special information on the deadline for submitting statement and paying PAL tax (D.1.7)