Denmark Tax Agency Clarifies Gift Tax Timing

The Danish Customs and Tax Administration March 9 posted online Tax Council Binding Answer No. SKM2026.130.SR, clarifying gift tax timing. The taxpayer, a family member acting as their parent’s guardian, sought Family Court approval in 2025 for the parent to pay 2023 and 2025 gifts in the maximum tax-free amount. The Family Court granted approval in 2025. The taxpayer sought clarification on gift tax timing for the 2023 gift. Upon review, the Tax Council found that: 1) the Family Court’s approval was a resolutive condition that postponed the time of taxation; 2) approvals in 2019, 2021, and 2022 for unusual ...