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 proposes Pillar Two rules, sweeping tax changes for 2026–2027
October 13, 2026
Denmark published its Legislative Programme for 2026–2027 on 8 October 2026, setting out 22 legislative bills under
Read More
Denmark proposes lower corporate tax rates in 2027 Finance Bill
October 12, 2026
Denmark’s government has presented its Finance Bill for 2027 on 9 October 2026 to parliament, proposing tax relief
Read More
Denmark proposes 22% corporate tax on state and municipal ports
October 09, 2026
Denmark’s Minister for Taxation and Growth Jakob Engel-Schmidt presented Bill L 39 to parliament on 7 October 2026.
Read More
Denmark gazettes consolidated share gains tax act with updated taxation, loss deduction and exit rules
October 07, 2026
Denmark’s Ministry of Taxation has published Executive Order No. 849/2026 on 3 October 2026, which represents the
Read More
Denmark revises digital bookkeeping requirements
September 30, 2026
Denmark had published Executive Order no. 811 on 22 September 2026, setting revised requirements for standard digital
Read MoreDenmark 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 three years
Read More