26 March 2018 Danish Government publishes bill on tax exempt cross-border reorganizations The Danish Minister of Taxation published bill No. L 207 regarding tax exempt cross-border reorganizations where a Danish company is the liquidated company. The reorganization may be a merger, a division, or a transfer of assets. According to the bill, such a reorganization cannot have retroactive effect prior to the date when the reorganization is finally approved by the companies covered by the merger. The purpose of the bill is to prevent situations in which a Danish company enters into a reorganization with a foreign company and no permanent establishment will remain in Denmark after the reorganization. Document ID: 2018-0658 |
