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Denmark Announces Green Tax Reform Plans

|Proposed Changes|Denmark
Denmark

The Danish Ministry of Taxation has announced the government's plans for the first phase of green tax reform as part of efforts to reduce emissions by 70% by 2030. Planned measures of the reform include:

  • An increase in the energy tax by DKK 6 per gigajoule (GJ) for all businesses, resulting in the following rates:
    • DKK 10.5 per GJ for businesses in general (up from DKK 4.5);
    • DKK 7.5 per GJ for businesses in the agriculture and horticulture industry (up from DKK 1.5); and
    • DKK 6.0 per GJ for …

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