Denmark

At a glance

Corporate Income Tax Rate ...%
Tax rate applied on capital gains ...%
Tax rate applied on branch profits ...%
   
Other taxes (e.g. local or state tax) yes/no
   
Withholding taxes (standard rates)  
on dividends ...%
on branch profit remittance ...%
on interest ...%
on royalties ...%
   
Loss carry back period ...years
Loss carry forward period ...years

Introduction

Denmark, officially the Kingdom of Denmark (Danish: Kongeriget Danmark) together with Greenland and the Faroe Islands, is a Scandinavian country in Northern Europe. It is the southernmost of the Nordic countries, southwest of Sweden and south of Norway, and bordered to the south by Germany. Denmark borders both the Baltic and the North Sea. The country consists of a large peninsula, Jutland and many islands, most notably Zealand, Funel, Vendsyssel-Thy, Lolland, Falster and Bornholm, as well as hundreds of minor islands often referred to as the Danish Archipelago. The national language, Danish, is closely related to Swedish and Norwegian. Denmark is a constitutional monarchy with a parliamentary system of government. Denmark has a state-level government and local governments in 98 municipalities. Denmark has been a member of the European Union since 1973, although it has not joined the Eurozone. Denmark is a founding member of NATO and the OECD. Denmark is also a member of the Organisation for Security and Cooperation in Europe (OSCE). Denmark, with a mixed market capitalist economy and a large welfare state, ranks as having the world's highest level of income equality. Denmark has the best business climate in the world, according to the U.S. business magazine Forbes. From 2006 to 2008, surveys ranked Denmark as "the happiest place in the world", based on standards of health, welfare and education. (Source: Wikipedia)

Publications

CTA Members in Denmark

Henrik Dietz Henrik Dietz
Telephone: + 45 33 19 33 16 E-Mail: henrik.dietz@corptax.org

Links