Anyone with a foreign account must declare it to the tax authorities in their country. This declaration is a mandatory formality, but it does not mean that your account will be subject to tax. Note that if you do not make this declaration, you may be fined €1,500. 

As a reminder, and as stated in our terms and conditions, Nøelse is not responsible for your declaration and will not be able to cover the costs if you do not complete this procedure.