The Danish Official Gazette published Law No. 1691 on 30 December 2024, introducing several amendments to tax laws, including changes to the Corporation Tax Act, the Share Savings Account Act, the Share Profits Taxation Act, and the Personal Income Tax Act.
A key provision is the removal of taxation on dividends from tax-free portfolio shares, particularly for unlisted shares with ownership under 10%. The law also raises the limit for deducting carried-forward losses from DKK 9.5 million in 2024 to approximately DKK 20.8 million in 2025.Additionally, companies now have the option to choose capitalisation taxation over inventory taxation for seven years following their first stock market listing.
The law also increases the tax credit limit for research and experimental activities to DKK 35 million from DKK 25 million.The corporate tax rate will remain at 22% for 2025, outlined in the Danish tax rate table. The carried-forward loss offset limit will rise from DKK 9,457,500 to DKK 20,829,000. A 60% offset restriction applies to income exceeding the new limit.
The personal income tax rates for the lowest and highest brackets are set at 12.01% and 15.0%. The maximum tax rate cap remains at 52.07%, encompassing state, municipal, and various other taxes.
