Uk Denmark Double Taxation Agreement

To avoid double taxation of income, Denmark has concluded DTTs with a large number of countries. All tax treaties contain rules for the exchange of tax information and specific EU rules also apply. Double taxation can also occur with regard to inheritance tax. To remedy this situation, Denmark has concluded agreements in this regard with the other Scandinavian countries, Germany, Italy, Switzerland and the United States. Countries with which Denmark currently has SDRs and in which the agreement contains a remuneration clause: if you are considered a tax resident in two or more countries, it is important to understand possible tax relief through double taxation treaties The double taxation treaty agreed by Denmark and the United Kingdom differs from most other treaties when staff work abroad. The effect of this unusual tax treaty is that profits paid for offshore customs duties in Denmark are not taxable in the UK, although they remain subject to UK national insurance. The article on the elimination of double taxation is updated in accordance with amendments made elsewhere in the Protocol (Article IX). The table below lists the countries that have concluded a double taxation treaty with the United Kingdom (as of 23 October 2018). An up-to-date list of active and historical double taxation treaties can be found on the UK Government`s website. Among the countries of the UNION/European Economic Area (EEA) or with which Denmark has concluded a social security agreement (which includes contracts abroad), we can mention: when a country of a country of origin works abroad and collects a tax obligation abroad, the normal method of claiming the imputation of double taxation is to deduct the tax abroad from the UK tax. Generally speaking, the UK tax payable is reduced by the amount of foreign tax. Determining the position of the person`s „contractual residence“ is essential to determine whether it is possible to do so and how to apply a double taxation treaty, given that this is the country of contractual residence that generally assumes the taxing rights.

Therefore, we offer free advice with a qualified accountant who can provide you with answers to your questions and helps you understand if a double taxation treaty can apply to you and helps you save considerable amounts of unnecessary taxes. . . .