Denmark Gazettes Executive Order on Transport Deduction Rates, Tax-Free Transport Allowance for 2023

The Danish Official Gazette Nov. 24 published Executive Order No. 1449/2022, on the transport deduction rates and tax-free transport allowances for 2023. The order includes measures: 1) setting distance thresholds and deductible amounts for the cost of travel between an employee’s home and workplace; 2) allowing the tax-free payment of employee transportation expenses by employers, and setting the tax-free amounts applicable to different modes of transportation; 3) taxing, as personal income, allowances that exceed the maximum approved amounts; 4) establishing documentation requirements for commercial driving; 5) clarifying that the tax-free allowance isn’t available when an employer has made a company ...