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Denmark Ratifies Tax Treaty with France

31 March 2023

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Treaty Development

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Denmark-France

Denmark on 28 March ratified the income tax treaty with France via Act No. 322, as published 29 March in the Danish official gazette. The treaty, which was signed in Paris on 4 February 2022, will prevent Danish citizens from relocating to France to take advantage of a lower tax rate because Denmark will have the right to tax pension payments made to its citizens residing in France. It is also expected to benefit Danish businesses by strengthening trade with France. Under the treaty, dividends are taxable at 0 percent if the beneficial owner is a resident of the other...