On 12 May 2016, the opinion of Advocate General (AG) Kokott of the Court of Justice of the European Union (CJEU) was published concerning Denmark's interest income exemption rules. The rules provide for an exemption for a Danish creditor on interest income that has not been allowed as a deduction for the debtor due to Danish thin cap rules, but do not provide an exemption for the creditor if the debtor was not allowed a deduction based on the thin cap rules of another EU Member State. The case involved Damixa ApS, a Danish resident, and Damixa Armaturen GmbH, its...