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2.3 Other withholding

Commentary

2.3.3 Danish Hydrocarbon Tax | Denmark

Denmark

Hydrocarbon Tax (HT) must be deducted from all salaries paid to foreign employees of a non-Danish company working in the Danish Hydrocarbon sector of the North Sea. The scheme only applies to this group of workers and should the UK entity establish a Danish branch for whom the employees work, then the Danish Tax Office should be contacted as the scheme must not be applied and instead the standard Danish tax regime used.

The Hydrocarbon Tax is set at 30% of gross pay

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Web page updated on 28 Aug 2024 11:51