On 26 January 2007, the Danish Minister of Taxation announced that major amendments to the Danish tax law would be introduced following the judgment of the European Court of Justice (ECJ) in the case of Cadburry Schweppes (C-196/04). The amendments, which are intended to counter tax planning undertaken by buyout funds and to make the Danish controlled foreign company (CFC) rules compliant with EC law, are as follows:
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