- A broad political agreement has been reached to impose a levy on streaming service providers in Denmark.
- A bill including the new levy is expected to be presented later in 2023.
- The base for the cultural levy will be the streaming service providers’ revenues generated in Denmark. A basic rate of 2% of the Danish revenues will apply to all on-demand streaming companies. A 3% surcharge will apply to companies that invest less than 5% of their Danish revenues in Danish content; i.e., the total rate will be 5%.
Source: EY
Latest Posts in "Denmark"
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- Partnership and owners not considered one taxable person for VAT purposes
- Updated DAC7 and DAC8 Reporting Rules for Digital Platforms and Crypto-Asset Service Providers
