latest news and updates

If you own a property abroad, in the Faroe Islands, or in Greenland, and are also liable to pay tax in Denmark, you must pay property value tax on your overseas property.

The Danish year end tax statement can be quite confusing even to Danes, so while it is now availble in English for foreigner, it can still be a cause for confusion, especially for individuals with international elements, e.g. individuals who have residence, income, or assets abroad, who have relocated to or from Denmark during the tax year, or if certain tax schemes apply, such as the frontier worker or the tax scheme for researchers.

The year-end statement (årsopgørelse) is now available in English, making it easier for non-Danish speakers to review and correct their tax information. However, certain elements-such as foreign income, property, or investments-still require manual reporting and are easily overlooked.

In Denmark, timely and accurate tax reporting is essential for both individuals and businesses, with the primary deadline for submitting tax information set for January 20th of the year following the income year, and a correction period until February 15th to ensure all data is accurate and up-to-date.

The Danish Tax Agency (Skattestyrelsen) will open access to the annual tax statements for 2024 on the 24th of March, 2025. For the first time, homeowners will be able to see their total property tax payments on the statement. Approximately 4.9 million citizens will be able to view their statements on TastSelv and check if they have paid too much or too little tax. The new property tax rules, effective from the 1st of January, 2024, mean that homeowners have been paying both land tax and property value tax throughout the year.

From January 1, 2025, a new Øresund Agreement between Denmark and Sweden has come into effect, bringing significant changes to the taxation rules for cross-border workers.



Join our webinar to see real life examples from both a Danish and a Swedish point of view.

In Denmark the students in 8th and 9th grade have the possibility to get an introduction to work life through a one week internship with a company or institution. Participating in a work experience program can help your child gain insights and make informed decisions about their future education and career path. This week we have the pleasure of welcoming Adam to our office to see what it is like to work with international tax, compliance, and payroll.

Payroll thinks everything is fine. Tax believes the same. But what if it’s not?

Denmark’s high tax rates can make it challenging to attract and retain international talent. However, the inbound expat tax regime – commonly known as the researcher tax scheme – offers a unique solution. By significantly lowering the tax burden on foreign specialists and researchers, companies can recruit internationally without inflating salaries or losing competitive edge.

In today’s globalised job market, retaining international talent is a strategic priority for many businesses.