THE EUROPEAN Commission has demanded Denmark scrap an exit tax levied on shares held by individuals leaving the country to live in another European Union (EU) member state. These are collected upon dividends or sales proceeds of such shares. Brussels argues these rules go too far in preventing tax evasion and breach the rights of EU citizens to live where they like within the EU, taking their wealth with them.
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us
to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.