Tag Archives: denmark

An Introduction to Forced (Protected) Heirship

26 Friday Jul 2019

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What is Forced Heirship?

In many Common Law jurisdictions, testators enjoy full freedom to leave their assets to whomever they wish. However, in other countries, this is not the case. Succession laws define given rights for the heirs. Despite the provisions made in a testament, a will can easily be overturned by these protected heirs. This is called Forced Heirship. Continue reading →

Airbnb to report homeowners’ income directly to tax authorities in Denmark

28 Monday May 2018

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Danish tax minister, Karsten Lauritzen, announced that the country wants a “sharing economy” to flourish, but on condition that operators pay tax. Denmark will also limit property listings to 70 nights a year. Owners can benefit from a tax-free allowance of up to €5,400 per annum. In addition to tax issues, Airbnb is blamed for pushing up house prices in major cities.