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Government scraps top tax rates in DKK 11bn deal
The government has agreed to a DKK11bn ($1.6bn) tax package with the Danish People’s Party (DPP) that will abolish two additional income tax brackets, cut corporation tax and lower fuel duties. The top-top tax, an additional five per cent on annual incomes above around DKK2.5m, and the middle tax, an extra 7.5 per cent on incomes above DKK641,000 ($95,000), will both be scrapped. Corporation tax will fall from 22 to…
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