International tax
At PrivatRevision, we have extensive experience advising individuals and businesses relocating to or from Denmark. Our expertise includes expatriation, the Danish researcher scheme, entry-/exit taxation, and international tax planning from a Danish perspective.
If you are moving to or from Denmark, or being seconded abroad, professional guidance is often crucial. Small differences can have significant consequences. The same applies if you hold assets abroad while residing in Denmark—or assets in Denmark while residing abroad.
In many cases, income or assets may be subject to taxation in two jurisdictions: where the income or asset is located, and where the taxpayer resides. Relocation frequently raises the question of when a person, income, or asset transitions from being taxable in one jurisdiction to another—or both.
The applicable rules often involve a complex interplay between Danish tax law, foreign tax regimes, and any relevant double taxation treaties between the corresponding countries or jurisdictions. In many situations, taxpayers have several options available.
In recent years, numerous cases have hinged on fine distinctions—resulting in taxpayers being either fully exempt or fully liable to Danish taxation on income and/or assets. The amounts at stake can be substantial. The good news is that many challenges can be avoided through careful planning and in-depth knowledge of the relevant rules.
Thorough preparation, proactive tax planning, and in many cases constructive dialogue with the tax authorities often resolve potential issues before they arise.
At PrivatRevision, we are specialists in international taxation for private individuals and buseinesses. Please feel free to contact us, or explore the specialized work fields below of our core international tax services.
