Corporate income tax reform adopted
|Approved Changes|Denmark

On 1 June 2007, the Ministry of Taxation announced that the revised bill amending the Corporate Income Tax Act was enacted by the parliament). The most significant changes are:
| - | the corporate tax rate is reduced from 28% to 25%; |
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| - | the CFC regime is adjusted to be compliant with EC law following the judgment of the European Court of Justice (ECJ) in the c… |