Tax in Denmark

Accura Advokatpartnerselskab

The direct and indirect tax practice at Accura Advokatpartnerselskab advises a diverse client base of private equity and venture capital funds on the structuring of management of reinvestments and the implementation of incentive programmes. Rated as ‘one of the best tax lawyers in Denmark‘, the ‘brilliantPoul Erik Lytken leads the team and often assists insurance companies and global electronics companies with the tax implications of substantial M&A transactions.

Responsables de la pratique:

Poul Erik Lytken

Autres avocats clés:

Christopher Erik Oldenburg; Peter Moldt Mortensen

Les références

‘Poul Erik Lytken is one of the best tax lawyers in Denmark. He is very detailed and understands how to solve issues in an efficient way. Always straight to the point and is able to explain the most complex issues.’

‘Accura’s tax team is known for its strength and the unique combination of top-of-class technical skills and commercial understanding, providing honest and pragmatic advice. They are a young team, but are still very experienced.’

‘Poul Erik Lytken is a brilliant lawyer and simply one of the best these days. He surrounds himself with an excellent team, with Christopher Erik Oldenburg being the one to watch on VAT, and Peter Moldt Mortensen with solid skills within incentive programs.’

Principaux clients

Alm. Brand A/S

Vækstfonden

ATP Ejendomme A/S

Nordnet

Fingrid Oyj

Nordic Real Estate Partners (NREP)

CataCap

AP Pension

Custom Cash

Vestjysk Bank

Principaux dossiers

  • Advised ATP Ejendomme A/S in connection with its sale of Ørsted’s head office to PenSam, AIP Asset Management and Artha.
  • Advised Credo Partners and founder team on the sale of the Danish wine company Globus Wine to Anora for close to DKK600m.
  • Advised Bridgepoint on its acquisition of leading tech-enabled provider of language services, LanguageWire.

Bech-Bruun

Bech-Bruun‘s ‘dedicated‘ team handles both disputes and non-contentious tax mandates including advising on tax structuring issues, transfer pricing litigation, and VAT legislation challenges. The practice assists a varied client roster of municipalities, financial leasing businesses and asset management companies. Practice head Thomas Frøbert maintains his focus on advising domestic and international companies and NGOs on duty and VAT issues. Michael Serup is ‘second to none‘ with his insight into advising on shareholder and corporate tax issues, often appearing before the National Tax Tribunal in disputes.

Responsables de la pratique:

Thomas Frøbert

Autres avocats clés:

Michael Serup; Jakob Krogsøe

Les références

‘Excellent at giving a good overview of the issues and finding solutions. They lead their clients though all the complex decisions, making them feel well advised.’

‘Thomas Frøbert is service minded and solution-oriented with a commercial mindset.’

‘Michael Serup’s insight is second to none. He has the ability to analyse and find precise and creative solutions to difficult problems. Michael is very smooth and efficient.’

Principaux clients

A.P. Møller Mærsk

Total S.A.

Total Energies Danmark A/S

Modern Times Group

Maersk Tankers A/S

H&M

Broadcom

J.P Morgan

ATP

Nokia

Svenska Handelsbanken

Experian

Takeda Group

Danish Family Business Network

Danish Agriculture & Food Council

Udviklingsselskabet By & Havn I/S

Falck Danmark A/S

Aarhus Kommune

Herning Kommune

Kalundborg Kommune

Conquest

Workday, Inc.

Gorrissen Federspiel

The ‘one of a kind‘ tax team at Gorrissen Federspiel consists of ‘exceptionally talented‘ practitioners, who advise a number of clients in the financial services sector, including banks and funds. The ‘highly knowledgeableJakob Skaadstrup Andersen and Niclas Holst Sonne jointly lead the team; Andersen often advises on transactional tax issues relating to capital markets and M&A mandates, and Sonne advises on the tax consequences of the restructuring of investments and cross-border mergers. Jan Steen Hansen focuses on advising on shareholder and pension fund taxation, and EU and international tax matters.

Responsables de la pratique:

Jakob Skaadstrup Andersen; Niclas Holst Sonne

Autres avocats clés:

Jan Steen Hansen; Jesper Anker Howes

Les références

‘Extremely cooperative. Very client focused. They are excellent team players. They have some exceptionally talented people including Jakob Skaadstrup Andersen and Jan Steen Hansen. They are the best tax advocates in the jurisdiction.’

‘One of the best practices in Denmark, the team is really pleasant and accomplished. They are known for their deep tax knowledge and hands on approach, and their very strong capabilities within transfer pricing and tax litigation.’

‘Jakob Skaadstrup Andersen has a good eye for the important details and provides comfort. He approaches matters with a very pragmatic, yet skilled eye. Jakob displays an excellent practical mindset when approaching complicated tax matters. His approach is exceptionally well-structured, focused on key aspects and, he is highly knowledgeable.’

Principaux clients

A.P. Moller – Maersk

Fidelity Funds

Vestas Wind Systems

Heimstaden

EAC Invest

Sparekassen Danmark

NETS/Nexi

Axcel

Apcoa Parking

Blue Equity

IO Biotech Inc.

CrowdStrike Inc.

Intact Financial Corporation

Deutsche Bahn

TryghedsGruppen

Principaux dossiers

  • Advised the NETS group and its management on its merger with Nexi.
  • Advised A.P. Moller – Maersk on Danish tax issues relating to Maersk Drilling’s announced agreement to merge with Noble.
  • Advising Riskpoint on the sale of equities to Nordic Capital.

Kromann Reumert

Arne Møllin Ottosen and Michael Nørremark jointly lead the ‘exceptionally strong‘ team at Kromann Reumert. The team assists private equity funds, oil companies and asset management companies with a broad range of issues, including tax strategy and optimisation matters, cross-border structurings and incentive schemes. Ottosen has a great deal of expertise in handling contentious tax matters, transfer pricing issues and corporate taxation work, and often appears before the Supreme Court. Nørremark uses his ‘very strong understanding‘ of corporate tax to advise on the tax implications of capital markets transactions, restructurings, and cross-border M&A.

Responsables de la pratique:

Arne Møllin Ottosen; Michael Nørremark

Les références

‘Exceptionally strong and broad technical capabilities – super collaborative and solution oriented.’

‘Very professional team, very friendly with strong commercial understanding combined with an excellent ability to communicate complex tax matters in a clear way.’

‘Michael Nørremark – very strong understanding with excellent communication skills.’

Principaux clients

TDC A/S

Ørsted A/S

Goldman Sachs

Simcorp A/S

Nets A/S

Microsoft Inc.

Carlsberg A/S

Danske Bank A/S

ISS A/S

Tempur-Sealy Inc.

Verizon Inc.

JPMorgan

Principaux dossiers

  • Advised Axcel Private Equity on the acquisition of Itm8.
  • Advised FLSmidth on its acquisition of thyssenkrupp AG’s mining business.
  • Advised Axcel Private Equity on its acquisition of NTI Group.

Plesner

Known for having the ‘best track record for tax litigation in Denmark‘, Plesner advises a diverse client base of international companies, high-net-worth individuals, real estate groups and data companies on estate planning issues and tax abuse cases. Practice head Lasse Esbjerg Christensen and Tom Kári Kristjánsson have notable contentious expertise, and represent taxpayers in disputes concerning VAT and payroll calculations in the High Court and Supreme Court. Hans Severin Hansen is very experienced in handling disputes concerning beneficial owners, and Jef Nymand Hounsgaard dispenses advice to private equity fund managers and global companies on the tax repercussions of cross-border M&A transactions. Søren Lehmann Nielsen excels in tax litigation.

Responsables de la pratique:

Lasse Esbjerg Christensen

Les références

‘Best track record for tax litigation in Denmark. Highly skilled team.’

‘Strong analytic skills including the ability to mitigate complex matters.’

‘Great team work with different skill sets and very strong capabilities within transfer pricing and tax litigation.’

Principaux clients

A.P. Moller – Maersk Group

ATP

Axcel

British American Tobacco

Codan Forsikring A/S

Copenhagen Infrastructure Partners

ECCO Sko A/S

GRO Capital

Group 4 Securicor

Johnson Controls Group

Nordea Bank Group

Nordic Investment Opportunities

NREP

SAGA Private Equity

Sandoz

Vækstfonden

EET Group A/S

BWB Partners

Takeda

NetApp

Altor Equity Partners

Heavy Transport

Principaux dossiers

  • Representing taxpayers before the Danish high courts concerning withholding taxes on dividends and interest following the ‘beneficial ownership’ CJEU judgments.
  • Advising GF Forsikring A/S and GF IT A/S as taxpayers on the ground-breaking question of whether the tax authorities can set aside a legally established VAT group due to alleged abuse of the rules.
  • Advised GRO Capital on the formation of its new fund, GRO Fund III.

DLA Piper Denmark

DLA Piper Denmark‘s team has ‘amazing insight‘ according to clients, which it leverages to advise on the full spectrum of contentious and non-contentious tax issues, including criminal tax cases, the optimisation of transaction structures, and transfer pricing work. Praised for his litigation skills, practice head Jakob Schilder-Knudsen advises private equity and venture funds, and financial institutions on real estate investments and alternative investments from a tax perspective. Artur Bugsgang primarily handles matters concerning corporate tax relating to foundations and trusts, and often assists the Danish Car Importers Association with vehicle registration tax issues, while Mario Fernandez, a ‘leading expert‘ in indirect tax and VAT, is adept at advising on cross-border transactions.

Responsables de la pratique:

Jakob Schilder-Knudsen

Autres avocats clés:

Artur Bugsgang; Claus Holberg; Mario Fernandez; Merete Andersen

Les références

‘Great team, by far the leading tax team in Denmark. Nobody comes close to them.’

‘Mario Fernandez is the leading expert in indirect taxes and VAT.’

‘Jakob Schilder-Knudsen is extremely competent, Jakob has shown himself to be the only lawyer we will ever need. Down to earth, skilled beyond mention and an all around gold guy. Nicknamed Harvey Spector due to his skills in the courtroom.’

Principaux clients

Mdundo.com

Trinseo

Sampension

Axcel

Angelo Gordon

TotalEnergies

Uniqlo

Discovery Networks

ALD Automotive

JustEat

FOM Technologies

Vision Ejendomme

Mermaid Properties

SEB Denmark

Patrizia Multi Managers A/S

Savara Inc. US

AIG

Allianz Group

Citi Group

The Bank of Nova Scotia

Polestar Automotive

BlackFin Capital Partners

Forza Leasing

Principaux dossiers

  • Advised Heimstaden on the acquisition of the Akelius company portfolio in Denmark, Germany and Sweden, consisting of 1,093 residential units and 6,000 sqm. commercial area in Denmark.
  • Advised Re-match Holding on its successful IPO on Nasdaq First North Premier Growth Market in December 2021.
  • Advised PKA on its €670m investment into the Norwegian-based Morrow Batteries AS.

Horten

Horten houses a broad practice which focuses on cross-border mandates, VAT issues and tax matters concerning municipal and state-owned enterprises. Henrik Stig Lauritsen leads the team, leveraging his expertise in advising on general taxes and duties, particularly regarding the taxation of principal shareholders and ownership transfers. Thomas Booker has notable experience in real estate taxation, and frequently assists property owners with charges and disputes, often appearing before the National Tax Tribunal.

Responsables de la pratique:

Henrik Stig Lauritsen

Autres avocats clés:

Thomas Booker; Anne Becker-Christensen

Les références

‘Always accessible with good advice.’

Principaux clients

Telco Industries A/S

Bank Norwegian

Klarna Bank

DSB

Spirit Energy

Arkema

Bain & Company

Rudersdal Municipality

CopenhagenMunicipality

Cryptomathic Holding ApS

Struenseegården Holding ApS

iCON Infrastructure Partners V, L.P.

Danone

Barclays

Brockwell

Principaux dossiers

  • Advised Telco Electronics A/S on an international restructuring spanning Gibraltar, Portugal, Spain, Denmark, Malta, dispensing international tax advice to the private individuals being shareholders in the group.
  • Advising a client on its acquisition of 100% of the shares in Viking Propco ApS (PropCo) from Palm Capital Ltd and Eurolog Holdco S.a.r.l.

KPMG Law in Denmark

Stine Andersen leads the tax and tax controversy practice at KPMG Law in Denmark, which is praised for its professionalism and ‘deep knowledge‘. The team advises a range of domestic and overseas listed companies on contentious matters before the European Court of Justice and acts in tax and customs investigations and audits, and penalty cases. Andersen is a tax litigation specialist, and often provides ‘excellent advice‘ to sovereign wealth, pension and private equity funds on transfer pricing matters and cross-border disputes concerning principles of domestic and EU tax law. Line Kjær leads from Aarhus, and handles international trade and indirect tax matters.

Responsables de la pratique:

Stine Andersen; Line Kjær

Autres avocats clés:

Casper Guldhammer Jensen

Les références

‘The team has very strong practical and theoretical skills regarding Danish, EU and international tax law.’

‘Stine Andersen has excellent theoretical and practical insight into the impact of EU law on tax law from a Danish perspective. Stine provides excellent advice and handles court cases at a high level, and also has an excellent international network.’

‘The team is one of the best in its field in Denmark. They are professional and have deep knowledge, and are proactive and good at communicating.’

Principaux clients

FF Skagen

Damstahl A/S

Spar Nord Bank A/S

EET Group

Blue Water Shipping

Verizon

Lundgrens

Lundgrens‘ team assists clients with the full range of direct and indirect tax mandates, including advising on the optimisation of transaction structures. Nicolai B. Sørensen leads the litigation work, and regularly defends clients against tax fraud prosecutions.

Responsables de la pratique:

Nicolai B. Sørensen

Les références

‘Very good service – effective and clear and always available.’

Principaux clients

OMEGAPOINT Holding AB

Salvesen & Thams Invest AS

Stensdal Group A/S

AVN Gruppen A/S

Turkish Airlines Inc.

Mercedes Pay GmbH

BRITA Nordic A/S and BRITA GmbH

Convinus

Brunata A/S

AON

International Leman Group

HDI Global SE

Sumitomo Mitsui Trust Bank

Group Kering S.A

Toshiba Carrier Europe SAS

TDK Europe GmbH

Flender GmbH

Lidea Seeds

Panasonic Connect Europe

Sivantos GmbH

SMS Group

Airbus Flight Hour Services

MAN Truck and Bus Denmark A/S

Linde GmbH

Siemens Energy Global

Evident Europe

Karnov Group AB

Alunited Denmark A/S

Principaux dossiers

  • Represented Stensdal Group A/S before the Danish Supreme Court in April 2022 regarding the tax status of construction work carried out in Denmark by independent construction companies domiciled in another EU member state.
  • Advised on the tax due diligence related to Salvesen & Thams Invest AS’ acquisition of the Danish target companies in Mylna Gruppen AS, Scandinavia’s largest supplier of fitness equipment to the professional and consumer markets.
  • Advised US and English law firms on Danish tax law issues in a lawsuit pending before the United States District Court and lawsuits in London.

BACHMANN PARTNERS

BACHMANN PARTNERS makes use of its ‘very good skills and knowledge‘ to represent utility companies before the National Tax Tribunal. Christian Bachmann heads up the practice alongside the ‘fantasticDiana Mønniche. Bachmann handles both contentious and non-contentious tax matters relating to estate planning and M&A transactions and often represents domestic heat and power companies and leasing companies. Mønniche has broad knowledge spanning customs, excises and VAT matters, particularly regarding educational institutions, the automotive and leasing industry, and the financial sector.

Responsables de la pratique:

Christian Bachmann; Diana Mønniche

Les références

‘It is a team where the expertise in tax law is very high, the team has very good skills and knowledge.’

‘Christian Bachmann has extensive knowledge of taxation for the energy sector.’

‘What makes this practice unique is that they have a great deal of knowledge and experience.’

Bjørnholm Law

The ‘highly competent and experienced’ team at Bjørnholm Law primarily advises on contentious tax controversy matters. Using its ‘deep domain expertise’, the practice assists a diverse client roster of listed corporations across a variety of sectors, with notable names including Shell and Accenture. Bodil Tolstrup and Nikolaj Bjørnholm jointly lead the practice; Bjørnholm is an ‘excellent tax lawyer‘, and Tolstrup is ‘extremely diligent and really has an eye for detail‘.

Responsables de la pratique:

Bodil Tolstrup; Nikolaj Bjørnholm

Les références

‘Deep domain expertise and well connected to the tax authorities and others. Are able to translate complex matters to understandable language.’

‘Bodil Tolstrup and Nikolaj Bjørnholm are a joy to work with. Both are very knowledgeable on Danish taxation and will speak their minds.’

‘The team is highly competent and experienced. They are very well connected and respected. The team is excellent to work with and are always welcoming and ready to assist in an outstanding way.’

Principaux clients

Shell

Accenture A/S

NJORD Law Firm

NJORD Law Firm‘s tax practice is known for its expertise in dispensing advice on tax and VAT issues relating to international trade and cross-border transactions within the Nordics. Practice head Robert Mikelsons has extensive contentious expertise and often appears before the Supreme Court and the European Court of Justice, representing executives of international companies in disputes concerning stock option programmes and the repayment of taxes.

Responsables de la pratique:

Robert Mikelsons

Autres avocats clés:

René Lykke Wethelund; Niels Gade-Jacobson

Principaux clients

ABN Amro Group

Bauhaus

United Chemi-CON

Ress Life Investments

Saint-Gobain

Sanofi-Aventis

Dansk Shell

Parken Sport and Entertainment

Bonnier Publications

Forbo Group

Principaux dossiers

  • Advising Liechtenstein Foundations on tax and negotiations with the Danish Tax Agency in order to be tax compliant in Denmark.
  • Representing Dansk Shell A/S in ongoing tax and VAT cases (value €16.8 m) in Danish Tax Courts.
  • Representing Danish Property Investment Funds in ongoing tax cases (value €15 m) in Danish tax courts.