Global Trade Alert
Global Trade Alert

Denmark: EUR 724 million tax reduction scheme to avoid carbon leakage

Announcement

25 Oct 2024

In October 2024, the European Commission approved a EUR 724 million tax reduction scheme from Denmark.

 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Jan 2025

Revocation date:

31 Dec 2033

Updated: 25 Oct 2024
Tax or social insurance relief In force

On 25 October 2024, the European Commission approved a EUR 724 million (USD 782.8 million) tax relief scheme from Denmark. The scheme will support certain companies by reducing the CO2 emissions ta...

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