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European Commission Approves Danish Tax Deferral Scheme to Support SMEs Affected by COVID-19

11 March 2021

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Approved Changes

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Denmark-European Union

The European Commission has announced its approval on 5 March 2021 of a Danish tax deferral scheme to support SMEs affected by the COVID-19 outbreak. --- State aid: Commission approves €34 million Danish tax deferral scheme to support SMEs affected by coronavirus outbreak The European Commission has approved a €34.3 million (DKK 255 million) Danish tax deferral scheme for small and medium-sized enterprises (SMEs) affected by the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework. The public support will take the form of an interest-free credit facility concerning the payment of VAT due by SMEs in...