On 14 September 2020, the Tax Minister announced that Government has a plan to release a Bill in December 2020 regarding the exemption of on non-resident charitable organizations from Danish withholding tax (WHT) on portfolio dividends. At present, a 22% tax on portfolio dividends is imposed on resident charitable organizations. Also, nonresident charitable organizations are subject to 22% WHT on dividends received from Danish companies charitable which subsequently may be reduced to 15% through a refund process.
Related Posts
Denmark extends limitation period for claiming dividend tax refunds
August 13, 2026
The Danish Tax Agency has extended the limitation period for claiming a refund of Danish dividend tax from 3 years to 5
Read MoreDenmark consults on digital bookkeeping rules
August 10, 2026
Denmark’s Business Authority has launched a public consultation on proposed changes to requirements for registered
Read More
Denmark: Government reintroduces PIT, VAT relief amongst other measures
June 26, 2026
The Danish government has reintroduced a series of tax measures that were originally included in the 2026 Finance Act
Read MoreDenmark: Supreme Court clarifies limitation period for tax refund claims
June 16, 2026
The Danish Supreme Court (Højesteret) issued a ruling in Cases BS-36976/2025-HJR and BS-36974/2025-HJR on 11 June
Read MoreDenmark: Tax Authority denies automatic tax deferral on share exchange without proper asset valuations
June 09, 2026
Denmark’s tax agency issued a binding ruling on 4 June 2026 addressing the tax treatment of a proposed share exchange
Read MoreDenmark reduces corporate tax in government coalition agreement
June 04, 2026
Denmark has published the four-party government coalition policy agreement on 2 June 2026, setting out a broad package
Read More