ECOVIS Ringsted

Taxinformation

Income from shareholdings

If the the Danish company own at least 15% of the share capital for a period of at least 12 months for dividends declared in 2007 and 2008, dividends received from the Danish company are exempt from taxation.

From 2009 the company only needs to own 10 %.

Dividends received from foreign companies are also exempt on the same conditions, unless dividends are received from low tax financial companies, as defined.

Therefore dividends from a number of countries with low taxes will still be exempt.

Capital gains realised from sale of Danish or foreign shares, which has been hold for at least tree years is totally tax-exempt.