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Update - Denmark Publishes Law for Deduction Restriction and Increased Dividend Taxation for Payments to Non-Cooperative Jurisdictions

|Approved Changes|Denmark
Denmark

Denmark has published Law No. 788 of 4 May 2021 in the Official Gazette, which provides for the introduction of new anti-avoidance rules (defensive measures) based on the EU list of non-cooperative jurisdictions. As previously reported, this includes:

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

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