The Ministry of Finance published its Budget Bill for 2015 on 26 August 2014. The Budget is focused on certifying better benefit, producing more jobs and keeping the economy sound under mechanism. The Budget will generally apply from 1 January 2015. Further details will be reported subsequently.
Following tax measures are includes in budget proposal:
- To create and run an easier business in Denmark by reducing the administrative burden;
- Modifying the tonnage tax regime by including more ship types within its scope;
- Reducing the monthly minimum salary requirement for qualifying for the Danish expatriate regime to DKK 60,600 which is currently DKK 70,600;
- Familiarizing a new deduction of a maximum of DKK 650,000 for individuals investing in small companies; and adjusting the dividend taxation rules in respect of dividends received from unlisted portfolio shares.
