The Danish Ministry of Taxation has issued a release announcing that it has entered into an agreement in principle with Finans Danmark on a new model for the taxation of dividends that would better protect Denmark from tax fraud. Finans Danmark (Finance Denmark) is an organization representing the interests of the financial industry in Denmark.
Under the current model, tax is generally levied at the full domestic rate, after which a refund may be claimed for a lower rate, such as under a ta…