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Danish Ruling Published that Direct Contributions to Subsidiary of a Danish Subsidiary Has No Tax Impact

|Approved Changes|Denmark
Denmark

The Danish tax authority has published a ruling on whether a contribution to the subsidiary of a Danish subsidiary will have a tax impact for the Danish subsidiary. The ruling concerned a contribution made directly by a Norwegian parent to a Norwegian subsidiary owned by the Norwegian parent's Danish subsidiary. The main purpose of the contribution was to obtain joint taxation in Norway. The r…

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