Fancy bakery chain rejects tax shelter allegations
Up-market bakery chain Lagkagehuset is the latest company to push back on tax-avoidance allegations. The fast-growing business, with over 90 branches in Denmark, England, Paris and New York, has come under fire for receiving…
MoreRules to stop new share dividend scam
All foreign shareholders will in future be required to register with the Tax Agency before they can claim a refund of share dividend tax, one of the main points of a new agreement…
MoreExports in free-fall – DKK170bn loss this year
Danish exports, the lifeblood of the economy, are in free fall. A new report by the Confederation of Danish Industry (DI) projects that exports will plummet by at least 13% this year leading…
MoreSwedish plea: ‘Open the border’
Swedish politicians have pleaded with the government to re-open the border. In an open letter to Prime Minister Mette Frederiksen, Philip Sandberg, Mayor of Lund, situated less than one hour from Copenhagen, warns…
MoreDanish company in Yemen war crimes allegations
The Danish Business Authority (DBA), part of the Business Ministry, has launched an investigation into reports that Danish weapons are contributing to the world’s worst humanitarian catastrophe in Yemen. TV2 revealed Sunday how Danish defence…
MoreTourists sue Austrian ski resort
82 Danish nationals are among the 5,380 tourists who’ve joined a class action lawsuit against bars in the Austrian resort of Ischgl and the local authorities, who it’s claimed prioritised private gain over…
MoreVirus updates
Fatality-free Friday….Corona outbreak at hospital…Infection rate for Arab immigrants very low…PM speculates about phase 2 speed-up…. 10 more people died from covid-19 over the weekend following the first fatality-free day in over two…
MoreTax shelter companies hit back
Tax-shelter companies pilloried by the press for receiving millions in state-funded emergency aid during the corona crisis have hit back. Following a TV2 report that seven Danish companies – Synoptik, Sportsmaster, Babysam, Gate…
MoreQ1 collapse
Denmark’s economy virtually collapsed in the first quarter of the year, shrinking by 1.9% in from the last three months of 2019. The latest Statistics Denmark figures show the biggest declines were in…
MoreConsumers spend as retail sector reopens
Consumer spending recovered last week following the 1st phase of the reopening process. The latest debit card and electronic transfer figures show clear signs that spending is recovering – total spending excluding groceries…
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