On 11 October 2010, the Ministry of Taxation (Skatteministeriet) published its law program for 2010/2011 which includes, inter alia, the following measures: -   amending the rules on income to be allocated to permanent establishments based on the modification of Art. 7 of the 2010 version of the OECD Model Convention (2008)); -   amending the anti-avoidance rule which precludes the meeting of the ownership requirement for the participation exemption through a chain of companies); -   increasing the payroll tax imposed on companies carrying out financial activities; and -   introducing a fine amounting to 60% of the tax...