The treatment of Danish commercial foundations in the Minimum Taxation Act
Author
Mogensen, Simon
Term
4. semester
Publication year
2023
Submitted on
2023-12-10
Pages
52
Abstract
I Danmark er erhvervsdrivende fonde—fonde der driver erhvervsaktivitet—fritaget for skat af de uddelinger, der går til almennyttige formål. Med indførelsen af Minimum Tax Act kan disse fonde blive pålagt en suppleringsskat (en ekstra skat efter de nye regler), hvis de ikke anerkendes som en "undtaget enhed".
In Denmark, commercial foundations—foundations that run business activities—do not pay tax on the part of their distributions that goes to charitable purposes. With the introduction of the Minimum Tax Act, these foundations could face a Top-up Tax (an additional tax under the new rules) if they are not recognised as an "excluded entity."
[This summary has been rewritten with the help of AI based on the project's original abstract]
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