|
Denmark
has high rates of personal income
tax and is in the mid-range in terms
of corporate tax,
and has never been considered a financial
centre. However changes to its holding
company law in 1999 provided outstanding
opportunities for the international
investor, and subsequent adjustments
to the law have if anything increased
its attractiveness.
Historically,
9 onshore European countries (Austria,
Belgium, France, Germany, Luxembourg,
the Netherlands, Spain, Switzerland
& the United Kingdom) have competed
and continue to change their fiscal
laws in order to make their jurisdiction
the most attractive one in which to
locate a holding company.
Nonetheless
changes to the laws on Danish holding
companies which were introduced in
1998-9 have revolutionized the market
and have made Denmark far and above
the most attractive location in which
to site a holding company, with the
twin consequences that the Netherlands'
historic dominance of the onshore
holding company market
has been seriously threatened and
other holding company jurisdictions
were made to look singularly
unattractive.
In
Denmark there are also some time-limited
tax-saving opportunities for expatriate
managers and skilled workers.
Denmark Knowledge Base
- DENMARK
HOLDING COMPANY FISCAL REGIME
- DENMARK
HOLDING COMPANIES
- DENMARK SPECIAL
EXPATRIATE FISCAL REGIME
|