Thursday, November 21, 2024
HomeNewsDanish EconomyAn expert committee proposed 58 support schemes for businesses to be removed

An expert committee proposed 58 support schemes for businesses to be removed

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They have been tasked with reducing the annual business support costs by 2 billion DKK. The experts contend that these schemes do not bring sufficient value to society, and propose their removal to save 2.3 billion DKK. The Ministry of Business will consider the proposals. 

  • Among the proposals – remove the tax exemption for wages earned on Danish ships (1.1 billion DKK); change the rules about immediate depreciation of software, patent rights and know-how (800 million DKK); remove the VAT exemption for funeral homes (65 million DKK); remove the state support for Wonderful Copenhagen and the Foundation for Plant-Based Food (94 million DKK) and many others
Narcis George Matache
Narcis George Matachehttp://www.narcis.dk
Executive Editor and Founder of "Last Week in Denmark".

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