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Tax News, Juni 2020

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(15. juni 2020)

Significantly increased Danish tax deductions for R&D expenses in 2020 and 2021

On 15 June, the Danish Government and certain political parties constituting a parliamentary majority concluded a political agreement introducing, among other measures, increased deductions for R&D expenses incurred in 2020 and 2021. The initiative forms part of the COVID-19 stimulus measures. It is meant to encourage R&D investments for the benefit of Danish exports, but it is not a condition that the R&D investments be export related.

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