Denmark Tax Ministry Posts Decision on Taxation of Rental Property Transfers in Generational Business Changes

The Danish Ministry of Taxation April 16 posted online National Tax Board Decision AFG No. 9432 for Tax Council Binding Answer No. SKM2026.114.SR, on income taxation concerning rental property transfers in generational business changes. The taxpayer, an individual, sought to carry out a demerger of a holding company he owned, transferring its shares and rental properties to a new company, then to his son with tax succession. The taxpayer inquired whether the one-year ownership requirement would be met for the properties after the demerger, to qualify for tax succession for the son. The decision confirms that: 1) under the Capital ...