Introduction

Guide to online forms 07.082 EN and 07.082 K EN - Determination under section 22 of the Danish Act on Taxation of Pension Returns (PAL) in respect of pension schemes effective at the end of the income year and taken out with banks, credit institutions and capital pension funds.

This guide is aimed at banks, credit institutions and capital funds determining taxable returns according to sections 3 and 5 of PAL for the taxable pension schemes mentioned in section 1(1) of PAL.

Banks, credit institutions and capital funds must specify the final tax base, the taxable part thereof and the tax liability according to section 22 of PAL via E-tax for businesses (TastSelv Erhverv) in the reporting form 07.082.

Ordinary reporting in online form 07.082 EN includes all pension savings accounts subject to PAL tax in force at the end of the income year.

This guide also contains information on how to correct reports in online form 07.082 K EN - Determination under section 22 of the Danish Act on Taxation of Pension Returns (PAL) in respect of pension schemes effective at the end of the income year and taken out with banks, credit institutions and capital pension funds.

In the guide, the field numbers are listed in the same order as in the forms.

Tax liability, legal basis and our legal guide

‎‎‎‎Holders of the following types of pension savings accounts are liable to tax according to section 1(1) of PAL:

• Pension savings accounts covered by sections 12, 12A and 13 of the Danish Pension Tax Act (PBL) as well as pension accounts covered by section 42 of PBL, see section 1(1) paras (1) and (2), of PAL
• Annuity savings accounts covered by sections 11A, 15A and 15B of PBL, see section 11A of PBL
• Personal pension accounts covered by section 51 of PBL and similar tax-privileged personal pension accounts established before 2 June 1998
• Index-linked accounts covered by section 15 of PBL. The determination according to section 22 of PAL must comprise the asset returns etc. attributable to the period from 1 January up to and including 31 December in the income year, see sections 11 and 36 of PAL.

For a more detailed review of the rules of the Pension Investment Return Tax Act, see our Danish-language legal guide, section C.G. The guide is available at skat.dk/juridiskvejledning.

References to acts in reporting forms, paper forms and in this guide refer to the following:

• The Danish Pension Investment Return Tax Act (PAL) (Pensionsafkastbeskatningsloven), see Consolidation Act no. 12 of 6 January 2023, as amended
• The Danish Pension Tax Act (PBL) (Pensionsbeskatningsloven), see Consolidation Act no. 1243 of 26 November 2024, as amended
• Danish Executive Order no. 1138 of 22 October 2014 on Certain Rules in the Pension Investment Return Tax Act (Bekendtgørelse om visse regler i pensionsafkastbeskatningsloven), as amended by Executive Order no. 522 of 24 May 2016

E-tax for businesses (TastSelv Erhverv)

Reporting in forms 07.082 EN and 07.082K EN must be performed in E-tax for businesses. In E-tax for businesses, the reporting screen is found in the grey bar at the top of the screen under ‘Øvrige indberetninger’ (Other reports) - click ‘Pension’ on the far left of the screen - select ‘Pensionsafkast (PAL)’ (Pension investment return (PAL)). Then select either ‘Indberet’ (Report) or ‘Korrektion’ (Correction), depending on whether you are making an ordinary report or reporting a correction. For more information on how to report corrections relating to section 22, refer to the section ‘Correction reports’ below.

When the report is finalised and approved in E-tax, a payment line is automatically created on the receipt to be used for paying any PAL tax resulting from the reporting.

If the report results in overpaid PAL tax, no further action is required once the report has been approved. The Tax Agency refunds the overpaid PAL tax including interest.

Please note that the determination according to section 22 of PAL is the sum of the tax base, tax etc. of the savings methods mentioned. The same determination must be performed for each individual pension savings account.

The total amounts should not be rounded off to whole kroner amounts before the online form is filled in, and no sign may be entered in the amount fields where this is pre-filled.

In special situations where it is only possible to submit a manual report, it must be sent either to ekapital@sktst.dk (subject line: ‘Manual PAL report’) or to:

Payment details

The calculated tax must be transferred using the payment line to account no. 0216 4069064507, and for non-Danish schemes using IBAN code DK1402164069064507 SWIFT BIC code: DABADKKK.

The report and tax must be received by the Tax Agency no later than 22 January of the year following the income year, see, however, section 26 of PAL.

If the tax is not reported and paid by 22 January, default interest will be added according to section 28 of PAL from this date and until payment is made.

Correction reports

In E-tax for businesses, the reporting form can be found under the menu item ‘Pensionsafkast (PAL)’ (Pension investment return (PAL)). Select ‘Korrektion’ (Correction).

E-tax for businesses is open for correction of reports in the following periods: 1 January to 1 February, 1 April to 1 May, 1 July to 1 August and 1 October to 1 November.

If, in exceptional cases, the report is to be submitted in a paper form, the form must be received by the Tax Agency no later than on the specified dates. In exceptional cases, exceptions may be made to this. If you believe that this may apply to you, please contact the Tax Agency.

When the correction report is approved in E-tax, a payment line is automatically created on the receipt to be used for paying any PAL tax resulting from the correction. Interest must be calculated up to and including the day before the date of payment.

If the correction results in overpaid PAL tax, no further action is required once the report has been approved. The Tax Agency refunds the overpaid PAL tax including interest.

The legal basis for reporting corrections is found in section 9 of Executive Order no. 1138 of 22.10.2014 on Certain Rules in the Pension Investment Return Tax Act.

Auditor’s statement

The pension provider’s auditor must submit a signed statement indicating that the final statement according to section 22 of PAL has been audited according to the rules set out in part 10 of Executive Order no. 1138 of 22.10.2014. The statement must be prepared according to the Danish Business Authority’s Executive Order on Statements Made by State-Authorised and Registered Public Accountants no. 518 of 24 May 2024 (Bekendtgørelse om godkendte revisorers erklæringer). Reservations and/or additional information must be included in the statement. Any periodic statements may be endorsed by an internal auditor. The auditor’s statement must be submitted to the Tax Agency no later than 1 May of the year following the income year, see section 28 of the former Executive Order.

If you have any questions regarding the online form or the calculation of the tax base, including the calculation of the pension investment return tax liability, please call the Tax Agency on tel. +45 72 22 18 18.