Owner of foreign securities
If you are fully liable to tax in Denmark and at the same time hold foreign securities, gains/losses and dividends from these securities are taxable to Denmark. If, on the other hand, you have listed securities in foreign depositories, these must be registered in SKAT's share system. If these securities are not registered, it is not possible to have a deduction for a possible loss recognized in the tax calculation. SKAT's share system can be found in your tax file.
You will be deducted from the dividend tax paid abroad, but not more than the amount that the source country is entitled to tax under the double taxation agreement. If the source country charged more tax than they are entitled to, you can recover the overpaid dividend tax in the source country.
If you are remunerated with foreign options through option programs from your employer, the value of these options must be self-declared and taxed in Denmark as personal income. Taxation depends on the type of remuneration. If you receive warrants, taxation is made at the time of exercise or at the time of acquisition. It is the employment relationship and investment conditions that determine the taxation and the timing of taxation. These are complicated rules that have often been changed, which is why advice is always advisable.
If you have received your option remuneration while your tax liability to Denmark had ceased, and you have subsequently moved back, or you have moved back in the middle of the option programme, it would be a good idea to seek advice on how the option remuneration can be tax-free or taxable to Denmark.
We have expertise in the following option agreements:
- Restricted stock options
- Warrants (warrants)
- Options (purchase rights)
- Employee Shares at Favourable Rates
Contact Us
You are welcome to contact us if you would like assistance in calculating the average acquisition amounts of your securities and registration in SKAT's share system. We have been helpful with the inventory of historical acquisition amounts as far back as the 1970s.
If you wish to be contacted by SkatteInform Statsautoriseret Revisionpartnerselskap, CVR no. 35394206, please use our contact form below. Your personal data will be processed in accordance with the General Data Protection Regulation. You will be contacted in order to respond to your enquiry as best as possible.
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