Taxes in Europe Database v2
Statutory Notice No 1113 of 18. September 2013 (Kursgevinstloven).
Taxpayers are the owners of securities etc. Both companies and private persons are taxable for losses and gains on financial instruments.
Companies - regardless of whether they are professional traders - are taxable for losses and gains on claims, securities etc.
Private persons, who are not professional traders, were generally exempt from taxation on claims issued in Danish currency providing that the individual claim would yield interest equal to the minimum interest rate of 2% (2010). As of 2011 this rule has been abolished implying, that private persons are now subject to taxation of gains and losses regardless of the yields.
However, to protect existing portfolios of private persons this tax exemption is only abolished for bonds acquired as of 27th January 2010 or later. Hence, private persons existing portfolios of approved bonds will still be tax exempt according to existing rules.
The sale price minus acquisition costs. Financial instruments are annually taxed according to the inventory principle.
Losses from concern connected companies are non‑deductible.
Gains on financial contracts are taxable and losses are deductible, while losses on certain share‑based financial contracts only can be deducted in net gains in the same year and can be carried forward to similar deductions in the following years.
Losses for private persons, who are not professional traders, are not generally deductible.
Claims and debts in foreign currency are included in the compilation of private income if the net gain or loss exceeds DKK 2,000.
Gains on financial contracts are taxable, while losses can be deducted in net gains in the same year and can be carried forward to similar deductions in the following years.
Companies are taxed according to the rules on corporate taxations
Profits arising from a private person's transaction are taxed as capital income.
Super reduced rate
Collection and accounting is carried out according to the same rules as State taxes.
Revenue appears under the Personal income tax - State, county and municipal income tax.