Denmark: Introduction of VAT-liability-linked credit facility and quarterly payroll tax liability repayment schemes in the context of the COVID-19 pandemic

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Description

On 30 April 2020, the European Commission approved a DKK 970 (USD 142.1) million quarterly payroll tax liability repayment scheme from Denmark. The aid will support small and medium-sized enterprises ...

Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

30 Apr 2020

Revocation date

31 Dec 2020

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

SMEs

Affected Trading Partners

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Table

Affected Sectors

Affected Products

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Harmful Trade Policy Measures

This Thread tracks harmful trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

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