Date de publication : 06-10-1907
The following information are for the sole purpose of providing a general overview of the local taxation of the Corporate tax aspects of the country. In any case, it can not replace a tax advice, or be considered as an official information.
Yes we tax in Denmark
Public consultation launched on anti-tax avoidance measures.
A new system allowing immediate application of treaty withholding tax rates on dividends will be introduced.
Local tax advisors
No specific information on local tax advisors.
Entities are considered for tax purposes to be resident in Denmark if their place of management & control is in Denmark.
For the definition of management & control, the place of day-to-day mandagement is decisive.
The place of residence is subject to the relevant provisions of any applicable double tax treaty, if any.
Corporate Income Tax
Regular CIT tax rate is 22%.
Non-taxable income includes the following :
- Dividends (participation exemption)
- Certain capital gains
Non deductible expenses includes the following:
- CIT and similar taxes
- Late interest penalties related to payment of taxes
Carry forward : Yes, but some restrictions may apply
Carry back: No
No specific information on the assessment of the tax returns and payment of CIT.
Whithholding Taxes (payment to foreign companies)
The local tax rates in Denmark are the following, subject to the provisions of an applicable double tax treaty, if any.
There is no WHT on the profits paid from a branch to its foreign head office.
The general rate of WHT on dividends is 27%.
The general rate of WHT on interest is 0%. Except for certain interest paid to foreign related entities outside EU, which is 22%.
The general rate of WHT on Royalties is 22%.
Capital gains are taxed under the CIT of the company.
Note: in many cases capital gains are not taxable
Do not hesitate to share your experience in Denmark with us in the comments below. Any comments are welcome !