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Denmark expands tax liability scope to include activities carried out in the Exclusive Economic Zone

On 1 June 2023, the Danish Parliament passed Bill No. L 73 of 29 March 2023, expanding the scope of tax liability for nonresident companies and individuals engaged in activities outside of Denmark’s sea territory (12 nautical miles) but within Denmark’s Exclusive Economic Zone (EEZ). The new rules apply beginning 1 July 2023.

Source: globaltaxnews.ey.com

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