Relief options - avoiding of double taxation
Avoid double taxation if you have income from abroad. When both Denmark and another country tax the same income, it can cause you to pay tax twice. Fortunately, there are relief regulations that can protect you from this. However, they can be hard to figure out on your own. Let us help you ensure that you only pay the taxes you should pay.
Why is it important to get professional help with relief regulations?
Complexity of the rules: Relief of double taxation is not always straight forward. Whether you can get relief depends on type of income, the other country, and the specific double taxation agreement between Denmark and that country. There may also be internal Danish tax rules, that can provide relief. We can help you to understand and apply the rules correctly.
Various relaxation methods: Denmark has different agreements with other countries. We have the most agreements, that provide relief according to the credit method. Still, there are also some, that provide relief according to the exemption method.
We can guide and ensure that you apply the correct method of relief so that you avoid paying too much in tax.
Correct reporting: Incorrect reporting of the relief rules can lead to you either paying too much in tax or being subjected to adjustments later, which would cause you to pay more tax. We ensure correct reporting so that you comply with the rules and get the relief you are entitled to.
Contact us today
Contact us for professional assistance. With our expertise in tax relief, we ensure that you avoid double taxation according to the rules and optimise your tax payments.
Disclaimer
The above information is for guidance purposes only, and we accept no responsibility for decisions made based on this information without prior individual advice. We accept no responsibility for errors or omissions.
People who offer this
Here you can see which other tax advisors also offer this as a service area
Cand.Merc.aud
bes@skatteinform.dk