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

28 May 2021

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Approved Changes

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Denmark-European Union

The European Commission has announced its approval of Danish Tax Deferral Schemes to Support SMEs Affected by the COVID-19 pandemic. --- State aid: Commission approves €23 million Danish tax deferral schemes to support SMEs affected by coronavirus outbreak The European Commission has found the modification of an existing Danish wage tax deferral scheme for small and medium-sized enterprises (SMEs), as well as a new approximately €15.4 million (DKK 115 million) tax deferral scheme for medium-sized enterprises affected by the coronavirus outbreak, to be in line with the State aid Temporary Framework. The existing scheme was approved by the Commission in...