CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. Danish Tax Cuts Scaled Back

Danish Tax Cuts Scaled Back

by Ulrika Lomas, Tax-News.com, Brussels

11 January 2018


Danish Prime Minister Lars Lokke Rasmussen has been forced to scale back plans to cut tax in order to retain the support of a coalition partner.

As a result of the decision, announced on January 9, tax cuts will be largely restricted to those on low and middle incomes, with proposals to reduce the top rate of tax scrapped. Plans for the introduction of incentives for retirement saving will be retained, Rasmussen said.

The anti-immigration Danish People's Party had said it would only support tax cuts for those on high incomes if the Government introduces tougher controls on immigration, a demand that Rasmussen, of the center-right Liberal Party, refused.

Rasmussen had confirmed the Government's plans to proceed with the tax package only days earlier, in his new Year address to the nation.

TAGS: tax | pensions | Denmark | retirement | individual income tax

To see today's news, click here.

Leave a comment

Read our Posting Guidelines

 






Close

Password Reminder

Please enter your email address to receive a password reminder.

 






Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »



Tax-News+ Updates

Receive FREE daily updates from Tax-News.com, straight to your inbox. Register Now!

For a tailored solution, choose to receive selected news updates for your preferred jurisdictions and topics, with our enhanced Tax-News+ subscriber service. Read more...

 

Stay Updated

Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.


To manage your mailing list preferences, please click here »