Denmark's Minister of Taxation Karsten Lauritzen has presented a bill to parliament that would amend the country's taxation of capital gains and dividends. The legislation includes an expansion of the participation exemption for dividends and capital gains received, and a reduction in the withholding tax on dividend payments. Expanding the Participation Exemption Currently, Denmark's participation exemption applies for capital gains and dividends received on shareholdings that represent at least 10% of the capital in subsidiaries resident in other EU Member States as well as subsidiaries resident in jurisdictions with which Denmark has entered into a tax treaty. The proposed amendment...