Indgreb i virksomhedsskatteloven: Konsekvenser af Forslag til lov om ændring af virksomhedsskatteloven (L200) og Lov nr. 992 af den 16. september 2014

Lasse Juel Vilhelm

Student thesis: Master thesis

Abstract

The purpose of this thesis is to describe the nature of the amendments to the Danish Business Taxation Scheme passed under Act No 992 of 16 September 2014. The problem definition of the thesis concerns the implications of the amendments and provides an assessment of whether the amendments will have the effect originally intended by the Danish Ministry of Taxation. Initially, the thesis examines the general tax rules and the central elements of the Danish Business Taxation Scheme from the time before the presentation of the proposed amendments on 11 June 2014. This description forms the basis of an understanding of the implications of the amendments. Hereafter, I interpret and describe the elements of bill L 200, which was subsequently passed under Act No 992 of 16 September 2014. The following sections discuss the actual implications of the amendments which, among other things, I examine through examples and illustrations. The main items of the amendments may be summarised as follows:  Removal of the possibility of saving profits when the deposit account is negative.  Taxation of security in business assets provided for debt placed outside the company.  Introduction of new interest rate adjustment. In connection with the interpretation and examination of the implications of the amendments to the Danish Business Taxation Scheme, I comment on the bill and the replies of the Danish Minister for Taxation to questions submitted for clarification of the contents of the bill. The examination in the thesis of the implications of the passed amendments to the Danish Business Taxation Scheme has shown that the amendments will have the effect originally intended by the Danish Ministry of Taxation; ie to reduce the incentive to deposit private debt in the privately owned company or to finance private consumption by raising private loans secured on business assets. It is however my opinion that in a few areas the amendments are in conflict with the original structure of the Danish Business Taxation Scheme, and that the amendments will in fact imply that in future self-employed individuals will be at a disadvantage compared to owners of a limited liability company.

EducationsMSc in Auditing, (Graduate Programme) Final Thesis
LanguageDanish
Publication date2015
Number of pages80