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Denmark Drafts Legislation for Implementation EU Anti-Tax Avoidance Directive Measures

|Proposed Changes|Denmark
Denmark

The Danish Ministry of Taxation has reportedly prepared draft legislation for the implementation of the measure of the EU Anti-Tax Avoidance Directive (ATAD1) and the Directive as amended (ATAD2). The measures include:

  • The amendment of existing interest deduction restriction rules, including a change of the 80% of EBIT limitation to a 30% of EBITDA limitation, with excess interest expense may …

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