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01 September 2016

Danish Government proposes tax cuts

The Danish Government presented a comprehensive 2025 plan on August 30, with the aim of improving the Danish economy. The plan proposes several reforms, including tax initiatives that should make it more attractive to invest in Denmark. Among other things, the Government would like to introduce an allowance for corporate equity (ACE), increase tax deductions for research and development (R&D) and lower the marginal tax rate. The proposals will be subject to negotiations in Parliament and the final outcome is unknown.

A Tax Alert prepared by Ernst & Young Denmark, and attached below, provides additional details.

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ATTACHMENT

Full text of Tax Alert 2016-1481

Document ID: 2016-1481

 

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