European Commission Closes Infringement Proceedings Regarding Denmark Taxation of Dividend Paid to Charities

On 2 December 2021, the European Commission issued a decision to close infringement proceedings against Denmark regarding the taxation of dividends paid to charitable organizations. Infringement proceedings were initiated through a letter of formal notice sent to Denmark in May 2020 asking Denmark to amend its legislation providing that dividends paid to domestic charities are exempt from tax, …
Continue Reading