Denmark

An extension of the inbound expat regime’s (“forskerordningen”) time frame from 5 to 7 years is good news for Danish companies in need of high-paid / specialized labor. This extension should, however, be followed by a “Note (!)” to potential candidates or already employed individuals on the scheme considering the extension of their stay. Often, the candidate takes up residence in Denmark...

A change to a bill (L82) has resulted in a beneficial change for the Danish expat regime, which provide some flexibility for the individuals comprised by the special rules. Individuals transferring into Denmark can, provided that certain criteria are met, be taxed under the special inbound expat regime (“Forskerskatteordningen”), which ultimately means that salary and certain benefits (company...

As part of their 2015 action plan, the Danish tax authorities is to investigate 45.000 individuals with low income resulting in zero tax payments. The intention is to combine the low income with the way of living in order to establish if any false economy is at play. It is currently uncertain if individuals comprised by foreign relief rules resulting in lower taxes will be comprised by the...