• Article

Tax Notes Int.: Proposal Would Amend Hydrocarbon Tax Rules

2009 Tax Notes Int Proposal Would Amend Hydrocarbon Tax Rules October2756031

By Maj-Britt Klemp

Published in Tax Notes Int’l, 26 October, 2009, p. 233.

Danish Minister of Taxation Kristian Jensen on October 7, 2009 presented a legislative proposal that would amend the Danish hydrocarbon tax regime by changing the timing of taxation of hydrocarbon income realized under farm-out agreements and specifying that financial income directly relating to hydrocarbon income is considered hydrocarbon income for tax purposes.

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