Protocol to treaty between Denmark and US

On 4 October 2006, the Danish Minister of Taxation submitted Bill No. 30 to the parliament. It is proposed to adopt a protocol amending the Denmark–United States income tax treaty. The protocol, among other things, provides for a zero withholding tax in respect of inter-company dividends for a company resident in a contracting state, which owns, directly or indirectly through one or more residents of either contracting states, shares representing 80% or more of the voting power …