Denmark Tax Agency Clarifies Capital Gains Taxation on Transfers of Shares

The Danish Customs and Tax Administration April 8 posted online Tax Council Binding Answer No. SKM2025.196.SR, clarifying capital gains taxation on transfers of shares. The taxpayers co-owned a Danish holding company, including its subsidiaries in Sweden and Norway. The taxpayer sought clarification about a planned transfer of the companies to their children, and requested confirmation on whether short-term and long-term leased assets, and assets transferred to a leasing company with a repurchase obligation, qualify as passive capital investments. The Tax Council, agreeing with the Tax Agency, found that: 1) the short-term and long-term rental assets are part of the company’s ...