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Company tax reduction

   

 

Pay tax or buy art?

Purchasing of works of art to your entreprise in Denmark allows you to have a tax-reduction of 12,300 a year, the same rules as for furniture.


The acquisition can be fully depreciated even if the purchase takes place at the end of the financial year.


 If the purchase price is 12,300 dkk. or less, the company can deduct the full amount from the year in which the artwork is purchased.


< Read more about tax credits

 

 

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 Art-work , Joe Ingvardsen