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Danish Government Announces Proposals for 2021 Finance Law

|Proposed Changes|Denmark
Denmark

The Danish government has announced its proposal for the Finance (Budget) Law for 2021. Proposals include:

  • The introduction of a special corporate tax rate for the financial sector;
  • The introduction of a cap on the deductibility of wage costs for wages exceeding DKK 10 million;
  • An increase in the individual income tax rate on share income from 42% to 45%
  • The cancelation of plans to increase c…

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