The pension holder must complete form 07.054 (07.054E, English version) if he/she takes out a pension plan with a bank or pension provider in another EU or EEA member state other than Denmark and wants SKAT to approve the plan.

The pension holder must complete one form for each plan for which he/she is seeking approval and submit it to Skattecenter Maribo, Brovejen 15 A, Postboks 129, 4930 Maribo, Denmark.

If the bank or pension provider is registered in Denmark and SKAT approves the pension plan, the pension holder is entitled to an exemption or deduction in his/her taxable income for his/her contributions to the pension plan (Section 15C of PBL).