Denmark to Introduce Allowance for Corporate Equity and Increased R&D Deductions

According to recent reports, the Danish government is planning tax measures to promote equity investment and R&D. To promote equity investment, the government is planning to introduce an allowance for corporate equity that would provide a notional interest deduction on incremental capital increases. To promote R&D, the government is planning a modest phased-in increase in R&D expense deductions from the current 100% to 103% for 2020, 105% for 2021 and 2022, 108% for 2023 to 2025, …