Executive summary
On 14 April 2021, the Danish Government introduced Bill No. L 211 (the Bill) before Parliament to align Danish taxation of dividends paid to nonresidents with European Union (EU) law.
Under the Bill:
- Danish resident investment institutes classified as Investment Institutes with minimum taxation for Danish tax purposes will be subject to a 15% withholding tax on dividends from Danish companies. The bill is based on the decision of the Court of Justice of the European Union (CJEU)in…