Denmark thinks it has found a way to prevent a worker shortage from damaging its economy. The proposed solution for worker shortage? Tax cuts. The world’s most taxed country is planning on sweeping cuts to levies on cars and pensions that are designed to encourage people to work more. Denmark has the highest tax to […]
Denmark To Invest In Tax Administration Overhaul
The Danish Government will spend DKK10.5bn (USD1.68bn) in reforming Denmark’s tax administration over the next few years, according to the Tax Ministry. Denmark’s tax authority, the SKAT, will be replaced by seven independent management boards on July 1, 2018, in an attempt to introduce more specialization across a wide area of tax administration. Last […]