Source: https://www.global-regulation.com/translation/denmark/610425/law-on-modification-of-the-corporation-tax-act%252c-mergers-and-various-other-laws-%2528adjustment-of-the-rentefradrags-constraint-rules%252c-etc.%2529.html
Timestamp: 2019-04-19 11:19:17+00:00

Document:
2. In article 2, paragraph 1 (c), the words three places» 2. paragraph ' to: ' 3. paragraph. ' 3. In section 2, paragraph 1, point (d), 5. PT. , shall be inserted after ' see. section 31 C ': ', for a continuous period of at least 1 year, within which the payment should be '.
4. In paragraph 2 (A) (5) 1. paragraph, the words ' respectively shall cease to be covered by paragraph 1 or 2 '.
5. section 2 (A), (5), 7. paragraphs, are hereby repealed.
6. In paragraph 2 (A) repealed paragraph 6, and instead is inserted: ' (6). If a company ceases to be transparent in accordance with paragraph 1 or 2, shall be considered as company's assets and liabilities to be ceded by the company's owners to market value. The company will then be deemed to have acquired the assets and liabilities from affiliates. section 8 (B) shall apply mutatis mutandis. Carry-over legitimate deficit and unused tax deductible loss of the company shall lapse.
(7). If a company ceases to be transparent in accordance with paragraph 1 or 2, shall be deemed to be the company's owners for having acquired the shares in the company to the market value at the time of the termination of the transparent status.
Paragraphs 7 and 8 will be hereafter referred to paragraphs 9 and 10.
8. section 8 (2), 4. paragraph is replaced by the following: ' notwithstanding 1. item is taxed a company of positive income that would be subject to the CFC-taxation in clause 32, if the permanent establishment had been a subsidiary. "
9. In section 8, paragraph 2, 7. paragraph, the words ' article 6 ' is replaced by: ' (A) sections 6 (A) and 6 (C) '.
» Is the sum after 1. item negative, it does not, however, be carried forward for set-off in subsequent income year. 1. item does not include return on inventory taxed nutrition shares covered by paragraph 5, 7. paragraph. ' 14. section 11 (B), (5) 6. paragraph, shall be repealed, and replaced by: ' the value of work in progress, nutritional assets, inventories and receivables acquired through the sale of products and other nutritional assets and services (trade debtors, etc.) are included in the asset statement, to the extent by which the value exceeds the value of the debt incurred by the purchase of goods and other nutritional assets and services (trade creditors, etc.). Alone stock taxed nutrition shares shall be taken into account. The assets included the acquisition cost on forward contracts, etc., which serve to safeguard the operating revenues and operating expenses, see. paragraph 4, nr. 3, 4 and 5. item ' 15. In section 11 (B), paragraph 6, 4. paragraph, the words ' the indirect acquisition of a company outside the group, see. section 31 C ': ' indirect acquisition of shares in a company from a company outside the group, see. section 31 C '.
18. In paragraph 11 (B), paragraph 8, 5. paragraph shall be added after ' net financing expenses ' means ' without a net capital loss that is not trimmed in accordance with paragraph 1, 3rd paragraph, '.
24. In section 13 (1). 2, 2. paragraph shall be added after ' see. section 31 C ': ', for a continuous period of at least 1 year, within which period dividend distribution date shall be '.
27. In paragraph 21, 3. paragraph, the words ' section 13, paragraph 1, no. 2, 6. paragraph, ' to: ' section 13, paragraph 1, no. 2, 7. PT., '.
28. In section 31 (A), paragraph 7, shall be inserted after 1. paragraph: ' acquisition cost on real estate shall be reduced by any profit on real estate in Denmark, see. § 8, paragraph 2, and the profit tax law § § property 6 (A) and 6 (C). ' 29. In section 31 (A), paragraph (7), 3. point, there will be 4. paragraph shall be added after ' Profit in relation to acquisition cost ': ' on goodwill and other intangible assets ".
31. section 31 D, paragraph 5, shall be repealed.
33. In article 32, paragraph 2 2. paragraph, inserted in two places after ' mortgage ': ', stockbroking, investment management '.
34. In article 32, paragraph 3, 1. paragraph shall be added after ' Income ': ' and the assets '.
37. In paragraph 32, paragraph 9, 4. paragraph, the words ' legitimate ' carry-over.
38. In paragraph 32, paragraph 10, 1. paragraph, the words ' transferring shares ' to: ' reducing its ownership interest ' and ' the transferred portion of the shares ' to: ' the reduced stake '.
6. In article 33, paragraph 1, the words ' corporate tax Act section 3 (1) (8). 19 ' to: ' section 19 '.
7. In paragraph 36 (A) (4) 3. paragraph, the words ' in more than 3 years ': ' for at least 3 years '.
8. In paragraph 36 (A), paragraph 6, the words ' and article 17, paragraphs 1 and 2, ' and ' for sale ' shall be replaced by: ' for sale '.
In law on mergers, divisions and transfers of assets etc. (mergers), see. lovbekendtgørelse nr. 1286 of 8. November 2007, as amended by section 6 of the law No. 335 of 7. May 2008, section 7 of the Act No. 527 of 17. June 2008 and section 3 of Act No. 530 of 17. June 2008, shall be amended as follows: 1. In paragraph 15 (a), paragraph 1, 4th paragraph, shall be replaced by ' receiving ': ' participating '.
2. In paragraph 15 (a), (2), (3). paragraph, the words two places ' debt ' to: ' obligations '.
In the law on the taxation of income in connection with hydrocarbon extraction in Denmark (the hydrocarbon Tax Act), see. lovbekendtgørelse nr. 412 of 3. May 2006, as amended by section 11 of Act No. 515 of 7. June 2006, is amended as follows: 1. In paragraph 6 (A), paragraph 2, 2nd paragraph, the words ' equation article 16 H, paragraph 2.0 ' to: ' equation article 16 H, paragraph 6, '.
Of the law on the imposition of income tax to the State (the tax assessment Act), see. lovbekendtgørelse nr. 1061 by 24. October 2006, as amended, inter alia, by section 6 of the Act 343 of 18. April 2007 and at the latest upon section 5 of law No. 906 of 12. September 2008, shall be amended as follows: 1. In article 2, paragraph 1, no. 6, the words ' with a fixed place of business in accordance with the ' to: ' with the hydrocarbon linked Enterprise covered by '.
2. In article 2, paragraph 1 1. paragraph, the words ' with the above physical and legal persons and permanent establishments ' to: ' with the above parties in nr. 1-6 '.
3. In article 2, paragraph 2 2. paragraph, the words ' equation article 16 H, paragraph 2.0 ' to: ' equation article 16 H, paragraph 6, '.
In tax kontrolloven of the basic regulation. lovbekendtgørelse nr. 1126 of 24. November 2005, as amended, inter alia, by section 8 of Act No. 308 of 19. April 2006 and § 10 of lov nr. 343 of 18. April 2007 and at the latest upon section 5 of law No. 530 of 17. June 2008, shall be amended as follows: 1. In article 3 B, paragraph 1, no. 6, the words ' with a fixed place of business in accordance with the ' to: ' with the hydrocarbon linked Enterprise covered by '.
2. In paragraph 3 (B), paragraph 1 1. paragraph, the words ' with the above physical and legal persons and permanent establishments ' to: ' with the above parties in nr. 1-6 '.
The law on tax-exempt corporate conversion, see. lovbekendtgørelse nr. 1166 of 2. October 2007, as amended by § 10 of lov nr. 521 of 17. June 2008, shall be amended as follows: 1. In article 2, paragraph 1, no. 7, the words ' in article 1, paragraph 3, the said statement ' to: ' the statement referred to in § 2, paragraph 3, '.
2. In article 2, paragraph 5, the words ' paragraph 1, nr. 6 ': ' (1). 7 '.
§ 10 paragraph 1. The law shall enter into force on the day after publication in the Official Gazette.
(2). § 1, nr. 1, 2, 7-9, 11, 12, 17, 31 and 34-37, § 2, nr. 6 and 10, section 3, nr. 1 and 2, section 4, section 5, nr. 1-3, 6 and 7, and section 6 shall take effect as from the income year 2009.
(3). § 1, nr. 3, has effect for interest payments made on the commencement date or later.
(4). § 1, nr. 4-6, 10, 13, 15, 18-23, 28, 29 and 33, and section 3, nr. 4 and 6, shall take effect as from the income year 2008. During the income year 2008 can a company ceases to be transparent in the 8. October 2008, choose to apply the existing rules instead of the corporate tax Act § 2 A, paragraph 6, as amended by this Act, section 1, no. 6 If the same group connected legal persons controlling the company, see. tax kontrollovens § 3 (B), both before and after the termination of the transparensens.
(5). § 1, nr. 14, shall take effect as from the income year 2008. Companies can, however, choose to apply corporate tax Act section 11 (B), (5) 6.-8. paragraph, as amended by this Act, section 1, no. 14, starting with the 1. July 2007.
(6). § 1, nr. 16, has the effect of acquisitions, carried out on 8. October 2008 or later.
(7). § 1, nr. 24-27, 30 and 32, have effect for yield and grants distributed respectively shall be granted on 8 November. October 2008 or later. § 2, nr. 9, and section 3, nr. 3 and 7, has effect for yield and grants distributed respectively shall be granted on 3. December 2008 or later.
(8). § 1, nr. 38, have effect for stocks and shares, which reduced the 8. October 2008 or later.
(9). § 2, nr. 1, have effect from and with gains and losses, which are assessed for tax year 2009 and be attributed to income year 2010 after the provision in the stock profit tax section 23, paragraph 7. For shares and unit trust, which is acquired before the beginning of the tax year 2009 and which have not refrained at this time, gains and losses are stated for the income year 2008 as the difference between the value of the share or certificate at the end of the income year 2008 and the acquisition cost. The hereby ascertained the gain and it hereby ascertained damage attributable to the taxable income for 2009. For persons included the hereby ascertained the gain and it hereby ascertained damage by statement of equity income, see. personal tax Act section 4 (a), unless these shares or investment certificates, etc. covered by the stock profit tax law § 17.
Paragraph 10. § 2, nr. 4 and 5, shall take effect as from 1 January 2002. January 2009.
Paragraph 11. § 3, nr. 5, has the effect of tax-free transfers of assets with the entry date of the 1. January 2009 or later.
Paragraph 12. § 5, nr. 4, shall take effect as from 1 January 2002. January 2007.
Paragraph 13. § 5, nr. 5, has effect for the sale of shares, etc. covered by the stock profit taxation Act § 19, and which will take place on 1. January 2007 or later.
Paragraph 14. § 5, nr. 8, has the effect of intangible assets entrusted to the 8. October 2008 or later. Intangible assets in the 8. October 2008 is transferred according to the rules in section 27 (A) equation between affiliates, see. Corporation Tax Act section 31 C, is included with the transferring company tax acquisition by asset statement after Corporation Tax Act section 11 (B), paragraph 5, as from the income year 2009, and until the full remuneration for the intangible asset has been paid.
Paragraph 15. During the income year 2009 included distributing investment funds shares and certificates as a result of section 2 the status changes to shares in investment company, see. stock profit taxation Act § 19, to their holdings of ordinary shares after the stock profit taxation Act section 21, paragraph 3, nr. 1. They shall not be counted as shares after the stock profit taxation Act section 21, paragraph 3, nr. 2. Paragraph 16. During the income year 2009 reduced the limit of 15 per cent in equity profit tax law § 19 (3), as amended by section 2, nr. 2, after the relationship between the number of whole months from 1. March 2009 until the end of the company's income year 2009 and the entire company's income year 2009 measured in whole months.

References: § 8
 § 10
 § 10
 § 2

§ 10
 § 1
 § 2
 § 1
 § 1
 § 2
 § 3
 § 1
 § 1
 § 1
 § 2
 § 1
 § 2
 § 17
 § 2
 § 3
 § 5
 § 5
 § 19
 § 5
 § 19
 § 19