Danish companies, which are part of a group of Danish companies, are covered by the mandatory rules on national joint taxation. International joint taxation with foreign group companies, foreign permanent establishments and foreign real estate is voluntary.
Danish companies treated as separate taxable entities shall calculate their taxable income, file the tax return and pay the corporate income tax due on their own be-half. Companies can, however, be subject to the rules on mandatory joint taxation where the company is taxed jointly with other group companies.
Joint taxation implies that the loss in one group company can set off taxable income in another group company, being part of the joint taxation group.
Danish corporate taxation comprises two different types of joint taxation; (i) mandatory joint taxation, which applies to all Danish entities (including Danish permanent establishments of foreign companies and Danish situs real estate held by foreign companies) within the same group, and (ii) voluntary international joint taxation, which makes it possible to include foreign companies, foreign permanent establishments and foreign real estate in a joint taxation with Danish entities within the same group.
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Joint taxation implies that the loss in one group company can set off taxable income in another group company, being part of the joint taxation group.
Danish corporate taxation comprises two different types of joint taxation; (i) mandatory joint taxation, which applies to all Danish entities (including Danish permanent establishments of foreign companies and Danish situs real estate held by foreign companies) within the same group, and (ii) voluntary international joint taxation, which makes it possible to include foreign companies, foreign permanent establishments and foreign real estate in a joint taxation with Danish entities within the same group.
You can read more right here
Download