Tax in Denmark

Accura Advokatpartnerselskab

The practice at Accura Advokatpartnerselskab assists with real estate, M&A and transaction tax as well as with due diligence and tax aspects of management incentives plans within the private equity and venture capital sector. The firm also advises on the drafting and negotiation of tax provisions, tax warranties and joint taxation schedules. Poul Erik Lytken and Heidi Flint jointly head the practice and have expertise in real estate tax and indirect taxes such as VAT.

Practice head(s):

Poul Erik Lytken; Heidi Flint

Testimonials

‘Very good when it comes to general corporate tax. It is a highly regarded team with tremendous experience and a solid commercial understanding.’

‘Great technical skills combined with availability.’

‘Very specialised within the M&A tax field, where they are second to none.’

‘Poul Erik Lytken is able to solve complicated issues in a timely manner. Poul Erik always ensures that all aspects are considered in order to provide the best possible tax advice. He has a unique ability to remain calm and provide good service even in hectic periods.’

‘Poul Erik Lytken is technically skilled and a great guy to work with.’

‘Poul Erik Lytken is a seriously clever man!’

‘For a young partner, Poul Erik Lytken is as good as it gets. He has broad knowledge of both tax and VAT, which is rare, which he is able to combine to find solid practical solutions to even complex matters. And he surrounds himself with a great team of talented practitioners.’

‘Poul Erik Lytken gets my best recommendations.’

Key clients

Biogen Inc.

EQT

Chevron Corporation

AP Pension

Den Sociale Kapitalfond

Custom Cash

M7 Real Estate

Deutsche Beteiligungs AG

Novo Nordisk

Fingrid Oyj

Work highlights

  • Advised Ambea on its DKK1.87bn acquisition of Aleris Omsorg and advised on tax and VAT aspects of the deal, including a full Danish tax due diligence.
  • Acted as underwriting counsel for Acquinex Limited on tax aspects in its W&I insurance of two transactions amounting to DKK1bn in total.
  • Advised Lån & Spar Bank A/S on its DKK350m public share rights issue.

Bech-Bruun

Bech-Bruun assists with tax aspects of M&A transactions and provides regularly tax advice to pension funds, life insurance companies and institutional investors on the structuring of investments and the establishment of investment entities. Other areas of expertise involve payroll taxes and other taxes related to employment. Practice head Thomas Frøbert regularly advises on indirect taxes, including VAT, customs, energy duties and vehicle registration duties. The practice is also experienced in representing in tax dispute and litigation proceedings. Anders Oreby-Hansen left the practice in April 2019 to join Lundgrens.

Practice head(s):

Thomas Frøbert

Other key lawyers:

Michael Serup

Testimonials

‘Commercial focus, good value for money and no overcharging, transparency between costs and outcome.’

‘Very solution-oriented advice. They use a language which business people understand and do not make things more complicated than necessary.’

‘Thomas Frøbert is flexible and has high professional standards.’

‘Thomas Frøbert is smart, knows the complex Danish tax regulation and has vast experience in corporate structures. At the same time he is friendly and easy to communicate with.’

Key clients

A.P. Møller Mærsk

VELUX Group

H&M

Barclay’s bank

J.P Morgan

Danish Ministry of Tax

Nokia

Svenska Handelsbanken (one of the largest Nordic banks)

Experian

Takeda Group

Danish Family Business Network “Vækst i Generationer”

Danish Agriculture & Food Council

Work highlights

  • Assisted Spar Nord along with certain other financial leasing with matters concerning the right for a large group of members of the financial sector to deduct input VAT in connection with fraudulent transactions.
  • Assisted UEFA with negotiations with Danish tax authorities in connection with the permanent establishment and VAT issues related to EURO 2020.
  • Advising The Danish Agriculture & Food Council on the detailing of the principles of future tax assessment of real estate with respect to succession taxation.

Kromann Reumert

The practice at Kromann Reumert specialises in contentious tax, corporate tax and M&A support, which includes tax structuring and transaction documentation. Arne Møllin Ottosen regularly advises domestic and international companies on transfer pricing and EU tax law. The practice also represents in litigation and arbitration regarding marketing contributions, intra-group loyalties, post-acquisition structuring and the allocation of profits. Clients include financial services providers, manufacturers and private equity funds.

Practice head(s):

Arne Møllin Ottosen

Other key lawyers:

Michael Nørremark

Testimonials

‘Kromann Reumert is an experienced tax team. It is reliable and provides well-structured work.’

‘Significant strengths within tax and transfer pricing in combination with strong commercial law skills and business understanding.’

‘They are solution-oriented also good in the technical part of the tax rules.’

‘Kromann Reumert is the stand-out corporate and tax practice in Denmark. They are excellent practitioners with industry knowledge.’

‘Arne Mollin Ottosen is a very good technical tax lawyer and solution-oriented.’

Key clients

TDC A/S

Ørsted A/S

JP Morgan

Simcorp A/S

Goldman Sachs

Microsoft Inc.

Carlsberg A/S

Danske Bank A/S

ISS A/S

Tempur-Sealy Inc.

Work highlights

  • Assisted Investindustrial with its acquisition of Louis Poulsen A/S.
  • Assisted Nets in its sale of Net’s Account-to-Account Payment Business to Mastercard.
  • Assisted Falck A/S with its sale of the safety service division under Falck Safety Services Holding A/S.

Plesner

Plesner has expertise in transactions and corporate structurings as well as in indirect taxes and duties, including VAT and customs and excise duties. The firm’s advice on M&A taxation involves merger clearance, regulatory approvals and tax counselling as well as assistance with post-completion structures. Other areas of expertise include pension yield taxation. Lasse Esbjerg Christensen and Hans Severin Hansen jointly head the practice and regularly act as litigators in direct tax litigation cases; Jef Nymand Hounsgaard is also singled out. Søren Lehmann Nielsen joined the practice from Bruun & Hjejle in July 2019.

Practice head(s):

Lasse Esbjerg Christensen; Hans Severin Hansen

Other key lawyers:

Tom Kári Kristjánsson

Testimonials

‘Very strong within tax litigation, very experienced team.’

‘Both Lasse Esbjerg Christensen and Hans Severin Hansen are best-in-class within tax litigation.’

Key clients

Novo Nordisk Group

A.P. Moller – Maersk Group

LEGO Group

ECCO Sko A/S

Group 4 Securicor

ISS Group

Danfoss Group

Johnson Controls Group

Nordea Bank Group

ATP

Sandoz

Work highlights

  • Assisted Temasek with the acquisition of parts of Haldor Topsoe.
  • Prepared the strategy on behalf of DHI for obtaining tax and regulatory approvals needed to complete a €400m transaction as well as coordinated the inter-dependent aspects of the transaction between governmental offices.
  • Represented a number of clients including NetApp and Takeda Pharmaceuticals in the so-called beneficial owner tax cases concerning withholding tax on dividends and interest.

Bruun & Hjejle

Bruun & Hjejle provides transactional advice and represents in tax-related disputes. The practice’s expertise includes advice on acquisition structures, debt structuring, tax due diligence for investor and regulatory tax advice in relation to pension funds and private equity funds. The firm is also experienced in advising on transfer pricing, VAT and customs duties. Erik Banner-Voigt is the practice head and regularly assists corporate investors on the structuring of investment models. Søren Lehmann Nielsen left the practice in July 2019 to join Plesner.

Practice head(s):

Erik Banner-Voigt

Testimonials

‘Bruun & Hjejle’s tax team has a unique position when it comes to tax-related matters with respect to formation of, and investments in, alternative investment funds. We had the great pleasure of Bruun & Hjejle’s unique insight and experience.’

‘Bruun & Hjejle is known for its top quality and specialised skills with infrastructure and tax in Private Equity setups. High quality and proactive tax advice.’

‘Experienced and commercially driven tax advisers providing sound and reliable tax advice which can be trusted. Bruun & Hjejle Tax has in-depth experience from many years of working as a counterpart to the Danish tax authorities, and excellent technical skills.’

‘The team has in-depth understanding of and expertise in Danish tax law.’

‘Bruun & Hjejle delivers a high-quality service and has a good reputation. The individuals are the most important asset.’

‘Erik Banner Voigt who is an outstanding tax lawyer with a very high level of technical knowledge. Erik has a profound knowledge of many key aspects of tax law, but he is particularly strong in fund structuring and tax planning for high-net-worth individuals. He is professional, thorough and very good on the spot.’

Erik Banner Voigt is very positive and of an accommodating nature, and he has an exceptional talent for making complex issues easily understandable. His many years of experience mean that Erik has a unique faculty for combining his financial and legal understanding to find pragmatic, workable and viable solutions. In short, Erik is the number one go-to guy when it comes to tax matters relating to private equity.’

‘Erik Banner-Voigt is known for his proactive tax advice on solution that works in real life.’

‘Erik Banner-Voigt is a star within Danish tax.’

‘Erik Banner Voigt is very pleasant to work with. He is a skilled lawyer with a very good business acumen.’

 

Key clients

Scandinavian Tobacco Group

TDC

Vækstfonden

Axcel

BWB Partners

Copenhagen Infrastructure Partners

PKA

PKA AIP

PensionDenmark

African Infrastructure Partners / A.P. Møller Holding

Maj Invest

Alm. Brand A/S

DLG

ALK Abello

Saga Private Equity

William Demant Holding A/S

CataCap

Heartcore Capital

Work highlights

  • Advising William Demant Holding A/S on the demerger of the company’s joint venture with Sennheiser Communications A/S, involving Danish and German tax and accounting issues.
  • Advising on the structuring of Saga Private Equity fund-of-funds and management’s investment structure.
  • The firm acted as Tax advisor on the sale of the Danish division of Teracom to the private equity fund, Agilitas.

DLA Piper Denmark

The key services of DLA Piper Denmark include tax on pension providers and pension savings, car registration and road tax as well as on indirect taxes such as customs duties and VAT. The practice also advises on income tax, double taxation and taxes on foundations and trusts. The team also assists with corporate restructuring under tax considerations. Line Kjær and Artur Bugsgang jointly head the practice and regularly represent in tax litigation and arbitration. The practice regularly acts for the Ministry of Taxation.

Practice head(s):

Line Kjær; Artur Bugsgang

Other key lawyers:

Claus Holberg

Testimonials

‘The combination of subject matter expertise, in-depth knowledge about our company as well as industrial matters enables DLA Piper Denmark to provide strong guidance to our company on business critical matters.’

‘DLA Piper is very competent in relation to VAT and customs.’

‘Line Kjær has in-depth understanding of business and industrial matters, which enables her to provide best possible guidance to complex and business critical matters. She is highly respected for her capabilities and knowledge and not the least, her capability to collaborate across all levels of the organisation.’

Key clients

Danish Car Importers Association

Ministry of Taxation (ICT)

Blue Circle Foods

Wonderful Copenhagen

Koppers

Estron A/S

Volvo car Denmark

West Pharmaceutical Services

Work highlights

  • Acting for Foreningen Kræv licensmoms tilbage class action case on behalf of a group of 283.000 individuals against the Danish tax authorities.
  • Assisting The Ministry of Taxation on the import project (DMS) with the assessment of the functional requirements, ensuring the compliant implementation of the Union Customs Code via IT systems and IT functionalities.
  • Representing Estron A/S in a customs classification case before the European Court of Justice.

Gorrissen Federspiel

Gorrissen Federspiel advises on indirect taxes such as VAT and customs duties as well as on corporate tax structuring and regulatory tax matters in relation to the establishment of subsidiaries in Denmark. Jakob Skaadstrup Andersen and Jan Steen Hansen jointly head the practice and regularly advise on management incentives programmes, the insurance of tax risks and tax matters in relation to M&A transactions. The practice has expertise in representing clients in tax litigation regarding matters such as withheld taxes.

Practice head(s):

Jakob Skaadstrup Andersen; Jan Steen Hansen

Key clients

Fidelity Funds

Danske Bank

A.P. Møller Maersk

Danmarks Radio

Deutsche Bahn

The Coca-Cola Company

SEB

Heimstaden

Wright Medical Group

Cobham SATCOM

NETS

Symphogen

Axa Investments Funds

China Telecom

Euroclear

ISS

Amazon

Facebook

Work highlights

  • Representing Fidelity in a matter pending before the Supreme Court on dividend withholding taxes.
  • Representing Deutsche Bahn in a litigation on withholding taxes imposed on international secondment of labour.
  • Advising Thommesen Law Office on the Danish tax consequences in respect of a purported cross-border merger of a Danish part of a Norwegian shipping group into a Norwegian company.

Lundgrens

Lundgrens has expertise in tax litigation, direct and indirect taxes and the restructuring of companies. The team also advises corporations, private equity and venture funds as well as financial institutions on tax aspects of real estate and M&A transactions. Jakob Schilder-Knudsen is the practice head and provides legal tax assessments in connection with cross-border investment projects, including due diligence and tax calculations. Anders Oreby-Hansen joined in April 2019 from Bech-Bruun and regularly advises on tax matters involving transfer pricing.

Practice head(s):

Jakob Schilder-Knudsen

Other key lawyers:

Mario Fernandez; Michael Amstrup

Testimonials

‘The team always has commercial thinking in focus, and a deep technical knowledge.’

‘Anders Oreby-Hansen is a great lawyer and brings great value and work to a highly experienced team.’

‘They conduct their counselling with a very high level of integrity and ethics and they amaze me again and again with their creative way to solve and handle complicated cases and situations. They are trustworthy and always easy to reach and they act with a very high discipline and service level.’

‘Lungrens demonstrates deep knowledge of tax-related issues and is able to identify experts to assist its clients.’

‘Lundgrens tax is a highly experienced team with a solid reputation within tax controversy.’

‘We have been working with Anders Oreby-Hansen and Lundgrens for many years. They have a unique ability to combine super deep expertise with extremely strong process skills – a rare combination which is of immense value not least when you have complicated issues involving many stakeholders.’

‘Anders Oreby-Hansen is our go-to-guy for any legal matters. He is our trusted adviser and has been so for years.’

J’akob Schilder-Knudsen is a highly skilled tax advisor with deep knowledge in many areas in Danish tax law. He is likeable, friendly, professional and commercial in his thinking.’

‘Jakob Schilder-Knudsen has extensive knowledge of most tax issues relevant within banking and finance. And in combination with an unpretentious and service-minded attitude, he is an absolute pleasure to work with!’

‘The Lungrens team is incredibly responsive when we reach out to them. They go above expectations to ensure they knowledgeably address questions and issues raised by their clients.  Big thanks to Jakob Schilder-Knudsen as he always follows up and confirms client issues have been resolved.’

‘Anders Oreby-Hansen is a lawyer of the highest technical and personal quality and with an excellent business understanding.’

‘Anders Oreby-Hansen is business-minded and with years of true experience with international tax matters and transfer pricing, backed up by a solid team.’

Key clients

PKA

H+H International A/S

Patrizia Multi Managers A/S

Codan Forsikring A/S

Skandinaviska Enskilda Banken, Danmark

Danske Bank

Allianz Group

Toga Group

Qvartz Group

LE 34

Savara Inc. US

Sanctum Ananda

AIG

Nets A/S

Norwegian Energy Company ASA (Noreco)

Orchard Global Management LLP

Integrity Bulk

Towergate Underwriting Group Ltd.

Uniqlo Europe Ltd.

AF Hansen Construction

Work highlights

  • Assisted Norwegian Energy Company ASA (Noreco) with tax aspects of its acquisition of Shell’s 36.8% stake in the Danish Underground Consortium.
  • Assisted the sellers of Falcon.io with tax aspects of the sale to Cision.
  • Assisted Synlab with tax aspects of its acquisition of DMDD A/S.

Poul Schmith

Poul Schmith exclusively handles tax matters for the Danish state and its tax authorities, which includes assistance with the drafting and implementation of new tax regulations as well as industry-specific advice. Practice head Steffen Sværke advises both on direct and indirect taxation. The practice also acts for the tax authorities on contentious matters, which includes advice in the Cum-Ex case concerning questionable dividend tax refunds of more than DKK13bn.

Practice head(s):

Steffen Sværke

Vistisen Falk Winther

The practice at Vistisen Falk Winther specialises in tax litigation on the tax payer side, which regularly involves litigation concerning EU tax regulations before the Supreme Court. Niels Winther-Sørensen, Christian Falk Hansen and Eduardo Vistisen jointly head the practice and are experienced in advising on vehicle registration tax, financial taxes and on taxes in relation to the establishment of subsidiaries. The practice also has expertise in employment-related tax matters.

Practice head(s):

Eduardo Vistisen; Niels Winther-Sørensen; Christian Falk Hansen

Testimonials

‘Christian Falk Hansen has substantial knowledge about the automobile sector and the registration tax. He has obtained good results for our members.’

‘Exceptionally talented trio of partners with unique individual skills within tax law and with a solid track record to show for it. The partners complement each other, thus making it possible to assess and strategise on all aspects of a case.’

‘A 100 % reliable and trustworthy firm where a promise is a promise. All aspects in terms of knowledge and background for the case are carefully monitored and the plan is executed.’

‘The only truly insightful tax litigation team in Denmark with great experience.’

‘Highly technical expertise and really nice to work with.’

‘Christian Falk Hansen understands the business in the automobile sector. He is realistic in his opinion and statements. He handles the tax authorities well. Several times he has managed to minimise fines.’

‘Eduardo Vistisen is a very talented partner of the firm who succeeds by being exceptionally thorough and persistent.’

‘Christian Falk Hansen is a highly respected lawyer. When aiming for the target, he hits it hard. He has extensive research experience for his very specific knowledge in taxation of cars, most probably the best within this field. I can definitely recommend him as a very professional and highly dedicated lawyer and I would always choose him as my preferred tax lawyer.’

‘Niels Winther-Sørensen is our go-to guy: hands on, great combination of academics and practical approach. He is miles ahead of the rest of the field.’

Key clients

Solar A/S

NN Investment Partners

Multi-Support

Scanlines

Work highlights

  • Represented Civica in a Supreme Court case regarding property taxation.
  • Successfully represented five employees of a multinational corporation in a case regarding stature of limitation.
  • Represented Autobasen in Supreme Court case regarding the understanding of the cash ban in the Money Laundering Act.

Bjørnholm Law

The practice at Bjørnholm Law focuses on representing listed corporate clients in tax disputes, which involves both arbitration and litigation. The firm also provides regulatory advice in connection with due diligence and tax compliance. Nikolaj Bjørnholm and Bodil Tolstrup jointly head the practice and regularly act for venture funds, trade unions, private clients and corporations on tax disputes concerning transfer pricing, corporate tax, corporate restructuring and management incentive programmes.

Practice head(s):

Nikolaj Bjørnholm; Bodil Tolstrup

Testimonials

‘One of the leading corporate tax litigation firm specialised in corporate tax and transfer pricing at court level.’

‘Always available to provide thorough and dedicated work.’

Key clients

Essity (former SCA)

Shell

Work highlights

  • Represented Essity in a transfer pricing case on business restructuring valued at DKK500m.

Horten

Horten provides VAT support and assists with the tax aspects of M&A transactions, corporate tax and corporate restructuring. The practice also assists with matters regarding cross-border taxation and real estate tax. Other areas of expertise include inheritance tax and employee share schemes. Practice head Henrik Stig Lauritsen advises on the taxation of principal shareholders, reorganisation and ownership transfers and the relocation of employees. The practice also represents in litigation concerning customs duties.

Practice head(s):

Henrik Stig Lauritsen

Other key lawyers:

Thomas Booker; Anne Becker-Christensen

Key clients

Bank Norwegian

Tivoli

Sanofi

AIG

Telco Industries A/S

NGF Nature Energy

Lombard North Central PLC and the Mazda Group.

Pembroke/Ironshire

NETS A/S

Adelis

Work highlights

  • Advising Telco Electronics A/S on tax aspects in connection with an international restructuring.
  • Advising Bank Norwegian in addressing tax issues to the Ministry of Taxation regarding the lack of a physical presence.
  • Acting for Saint-Gobain Group in respect of the implementation of the client’s worldwide employee share plan in Denmark.

NJORD Law Firm

The practice at NJORD Law Firm advises on contentious and non-contentious matters relating to indirect taxes. Robert Mikelsons has particular expertise in litigation and negotiations concerning VAT. The practice also advises on taxes in relation to international investments in stock options and customs duties. Other areas of expertise include M&A tax advice and corporate restructuring. The practice also assists with tax compliance in connection with management incentive programmes.    

Practice head(s):

Robert Mikelsons

Other key lawyers:

René Lykke Wethelund

Testimonials

‘Strong coverage across all practice areas in Denmark and able to provide advice in relation to all the Nordics.’

Key clients

ABN Amro Group

Bauhaus

S. Færch Gruppen

Pan European Asset Lease

Saint-Gobain

Sanofi-Aventis

Dansk Shell

Parken Sport and Entertainment

Bonnier Publications

Copenhagen Air Taxi

Work highlights

  • Advising Liechtenstein Foundation on restructuring in relation to changes in the tax residence of council members and beneficiaries.
  • Assisting an investment fund with the examination of the structures and legal framework of a number of infrastructure funds.
  • Advising 45 individuals on the participation in a VAT-exempt cross-border scheme for yachts.

BACHMANN PARTNERS

BACHMANN PARTNERS has expertise in regulatory tax compliance and EU law as well as in indirect taxes such as customs duties and VAT, including VAT on compulsory statutory charges for using TV and radio receivers. The practice also assists with estate and succession planning. The practice also assists with vehicle registration tax. Name partner Christian Bachmann and Diana Mønniche jointly head the practice and regularly represent clients in tax litigation and arbitration.

Practice head(s):

Christian Backmann; Diana Monniche

Testimonials

‘It is a specialised team and they are very dedicated to solve the cases.’

‘Christian Bachmann has a lot of experience in tax law and his assistants always follow up very rapidly on relevant subjects.’

DAHL Law Firm

The tax practice of DAHL Law Firm is experienced in handling personal and corporate income tax matters and regularly assists with the tax aspects of corporate restructuring. The practice also advises high-net-worth individuals on succession planning and inheritance law. VAT and other indirect taxes comprise another significant aspect of the work. Bent Ramskov and Torben Buur have expertise in tax litigation.

Nielsen Nørager

Nielsen Nørager provides regulatory advice application to both individuals and companies. The practice advises on VAT, income tax, environmental taxes and on the interaction between tax, corporate and contract law. The firm also assists with taxes in connection with M&A and corporate reorganisation. Eigil Lego Andersen and Henrik Peytz regularly represent clients in disputes with tax authorities before the domestic and EU courts.       

Practice head(s):

Eigil Lego Andersen; Henrik Peytz