author_orbitax
Orbitax

Share This Article

Danish Plans to Support Entrepreneurship and Start-Ups

14 June 2024

|

Proposed Changes

|

Denmark

The Danish government has announced a new strategy to support entrepreneurship and start-ups through tax cuts and other beneficial changes. Some of the main tax measures include: Abolishing the taxation of dividends from unlisted portfolio shares; Increasing the progression limit for share income tax from DKK 61,000 to DKK 80,000; Providing the option for an investing company to opt for a five-year capitalization tax if it owns less than 10% of a newly listed company; Increasing the limit on deducting losses carried forward from DKK 9.5 million to DKK 20 million; Reducing the taxation of shareholder loans, so that taxation...