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Denmark Introducing Tax Measures to Mitigate Impact of Coronavirus

|Approved Changes|Denmark
Denmark

The Danish government has announced a package of measures it is introducing to help mitigate the negative financial consequences of the coronavirus (COVID-19). Tax-related measures reportedly include the following:

  • Companies subject to monthly VAT reporting (supplies exceed DKK 50 million) are granted a 30-day extension for VAT payment for the March, April, and May 2020 periods;
  • Companies are granted a four-month extension to remit labor-related contributions due in April, May, and June 2020…

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