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Anti-abuse rule on taxation of convertible bonds adopted

|Approved Changes|Denmark
Denmark

On 12 June 2008, the Danish parliament adopted the bill (L 181) introducing a new anti-abuse rule regarding the tax treatment of convertible bonds. No amendments were made to the original bill concerning the anti-abuse rule on taxation of convertible bonds.

Amended rules on transfer of shares adopted

On 10 June 2008, the bill (L 167) amending the rules on business succession was adopted by the parliament. The aim of the bill is to make the rules on business succession more flexi…