ArticleShare-Based Incentive Schemes - Increased Fines For Non-Compliance With Reporting RequirementsA new Danish tax Act imposes increased fines for non-compliance with the reporting requirements for share-based incentive schemes.DenmarkEmployment and HRKromann Reumert
ArticleDanish High Court Passes Judgment In Action Against Danish Crown Over The Use Of Environmental Claims About Pork ProductionOn 1 March 2024, the Danish Western High Court passed judgment in an environmental marketing action, deciding whether Danish Crown's use of environmental...DenmarkEnvironmentKromann Reumert
ArticleAnnual Disclosure Of Danish Companies' Tax PaymentsBack in 2012, the Danish Parliament decided that all Danish companies' tax payments should be disclosed to the public. Since then, "Tax information for companies", also referred...DenmarkTaxKromann Reumert
ArticleBeneficial OwnershipThe notion of "beneficial owner" has in recent years been intensely debated in Denmark.DenmarkTaxKromann Reumert
ArticleCJEU: Danish Exit Taxation Is Contrary To EU LawThe CJEU has recently held that the Danish rules on exit taxation of cross-border transfers of assets within a company are contrary to EU law.DenmarkTaxKromann Reumert
ArticleTax Amnesty"All parties in the Danish Parliament, except for the Social Democrats, have agreed to introduce a tax amnesty scheme in 2011 for taxpayers with assets in tax haven countries."DenmarkTaxKromann Reumert
ArticleShip-To-Ship Cargo Transfers Fall Within The Danish Tonnage Tax ActThe Ministry of Taxation has withdrawn an appeal filed with the Supreme Court concerning the scope of the Danish Tonnage Tax Act.DenmarkTransportKromann Reumert
ArticleThe European Commission Proposes To Revise The Rules On The Supplementary Protection Certificate For Medicinal Products In The European UnionOn 26 July 2023, the European Commission presented a proposal to recast Council Regulation (EC) No 469/2009 concerning the supplementary protection certificate ("SPC")...European UnionIntellectual PropertyKromann Reumert
ArticleDraft Bill On Revised Danish List Of Non-cooperative Tax Jurisdictions Has Been PublishedA draft bill on the revision of the Danish list of protective measures was published on 20 November 2023. The draft bill may have tax consequences for companies with activities...WorldwideTaxKromann Reumert
VideoCompliance At Peril (Video)Together with colleagues from Fieldfisher we have discussed the evolving Sanctions Enforcement landscape for 2023. Watch the discussions on demand.DenmarkComplianceKromann Reumert
ArticleInvestment Screening Is A Hot Topic: Greenland Announces Its Own Investment Screening ActWhile the Danish Investment Screening Act is about to be amended and evaluated, Greenland is planning to introduce national rules on screening of foreign investments. In other words...DenmarkGovernment, Public SectorKromann Reumert
ArticleBill On Recording Of Working Time Now Passed Into LawOn 23 January 2024, the Danish Parliament passed the Bill which, among other things, requires employers to install, by 1 July 2024, a system allowing employees to record their daily working time.DenmarkEmployment and HRKromann Reumert
ArticleFirst Danish Judgement On "Beneficial Ownership"The Danish High Court has just handed down its judgment in the first ever Danish court case laying down the Danish tax meaning of beneficial ownership (the "ISS matter"). DenmarkTaxKromann Reumert
ArticleEmployment Law Update - December 2012 (France)Ending untaxed overtime: in an attempt to reduce the public deficit, France's newly-elected parliament has reintroduced tax on overtime.FranceEmployment and HRKromann Reumert
ArticleForeign Direct Investments: New Regime In DenmarkThe global expansion of foreign direct investment (FDI) regimes provides for an ever more complex regulatory environment surrounding cross-border M&A and other transactions.DenmarkGovernment, Public SectorKromann Reumert
ArticleFIDIC White Book: What Makes The Choice Of Background Law Important?FIDIC White Book (FWB) is a set of rules offering an international counterpart to the Danish General Conditions for Consultancy Services for Building and Construction Works (ABR18).DenmarkReal Estate and ConstructionKromann Reumert
ArticleMore Jurisdictions Added To EU's BlacklistA revision of the so-called "blacklist" of non-cooperative jurisdictions was recently adopted by the EU Council. The revision may have tax consequences for Danish companies that still operate...European UnionTaxKromann Reumert
ArticleESMA Issues Guidelines For Posting Of Investment Recommendations On Social MediaThe European Securities and Markets Authority (ESMA) has published guidelines for posting of investment recommendations on social media in order...DenmarkCorporate/Commercial LawKromann Reumert
ArticleExit Tax Rules For Companies To Be AmendedFollowing a European Court of Justice judgment holding that the present Danish exit tax rules for companies are incompatible with the freedom of establishment in the EU/EEA, a bill has been presented amending the rules.DenmarkTaxKromann Reumert
ArticleELTIF 2.0: Revamped EU Investment Regime To Boost Flexibility And Access To Retail InvestorsIn 2015, Regulation (EU) 2015/760 introduced the EU-based private investment fund regime to boost long-term investments through alternative investment funds based in the EU (the "ELTIF Regime").European UnionStrategyKromann Reumert