OrbitaxLaw proposal exempting capital gains on certain portfolio shares published
|Proposed Changes|Denmark
On 30 August 2012, the Ministry of Finance published a law proposal according to which capital gains on portfolio shares would become tax exempt. Details of the proposal, which is expected to facilitate SMEs to attract more venture capital, are summarized below.
Capital gains on portfolio shares are tax exempt if:
| - | the shares are non-listed; | |
| - | … |
