From 1 January 2025, new Danish rules will apply to the taxation of resident and nonresident companies on dividends received from subsidiaries and portfolio companies.Among other things, both resident and nonresident companies will be tax-exempt on dividends received from non-listed portfolio companies if certain conditions are satisfied.This may have a positive spillover effect on the taxation of dividends paid to nonresident parent companies owned by portfolio investors in the EU and tax treaty countries. Executive summaryThe Danish Parliament passed Bill No. L 28 on 19 December 2024, making various changes to Danish tax law including important changes to the taxation of...