Investeringsselskaber i 2017: En effektiv værnsregel?

Christian Stricker

Student thesis: Master executive thesis


The purpose of this project is to analyze a specific provision in the Danish capital gains taxation law (Aktieavancebeskatningsloven § 19). The provision regarding a part of companies called Investment companies (Investeringsselskaber). Investment companies are like other companies subject to corporate tax but in general they are tax exempt in order to make it possible for investors to participate in joint investments without an extra level of tax. The investors however must accept being taxed annually on the basis of the increase or decrease in the value of the Investment Company. Based on a fiscal analysis of the rules for investment companies covered by the provision it will be determined whether it is an advantage or disadvantage for the investor to be covered by the rule. The purpose as a protective rule is examined to answer the question whether is it effective. It is concluded that the interpretation of the provision in fact has narrowed the scope of investment companies in a way which doesn’t fully support the purpose of the rule as a protective rule.

EducationsMaster i Skat, (Executive Master Programme) Final Thesis
Publication date2017
Number of pages52