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Denmark Approves Deduction Restriction and Increased Dividend Taxation for Payments to Non-Cooperative Jurisdictions

|Approved Changes|Denmark
Denmark

The Danish Ministry of Taxation has issued a release announcing that parliament has approved Bill L 150, which provides for the introduction of new anti-avoidance rules (defensive measures) based on the EU list of non-cooperative jurisdictions. This includes:

  • A restriction on the deduction of payments made to:
    • an associated person that is resident or registered in a jurisdiction listed by th…

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