The Danish government has announced its proposal for the Finance (Budget) Law for 2021. Proposals include:
- The introduction of a special corporate tax rate for the financial sector;
- The introduction of a cap on the deductibility of wage costs for wages exceeding DKK 10 million;
- An increase in the individual income tax rate on share income from 42% to 45%
- The cancelation of plans to increase certain taxes, including the chocolate tax, consumption tax, coffee tax, tax on tap water, and tax on…