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Revised bill amending the Corporate Income Tax Act published

28 May 2007

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Proposed Changes

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Denmark

On 18 April 2007, the Danish government published a revised bill amending the Corporate Income Tax Act (L-213), as announced on 2 April 2007. The bill covers the following: -   reduction of the corporate income tax rate; -   amendments to CFC legislation; -   taxation of dividends; -   taxation of shareholders; -   limitation of deduction for interest expenses; and; -   reduction of depreciation for certain assets. Revised Bill amending Corporate Income Tax Act On 2 April 2007, the Ministry of Finance announced that the bill presented on 1 February 2007 has been revised. The revised...