Act Amending The Act On Deposits On Account Of Establishment (Enhanced Depreciation And Deductions)

Original Language Title: Lov om ændring af lov om indskud på etableringskonto(Forbedrede afskrivnings- og fradragsmuligheder)

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Read the untranslated law here: https://www.retsinformation.dk/Forms/R0710.aspx?id=115116

Act amending the Act on deposits on the start-up account

(Enhanced depreciation and deductions)

WE, MARGRETHE the SECOND, by the grace of God Queen of Denmark, do indeed:

The Danish Parliament has adopted and we know Our consent confirmed the following law:

§ 1

In the Act on deposits on account, within the meaning of establishment. lovbekendtgørelse nr. 1012 by 5. October 2006, as amended by section 5 of law No. 1580 by 20. December 2006 and section 12 of Act No. 1587 by 20. December 2006, shall be amended as follows:

1. In article 7, paragraph 5, 4. paragraph, shall be replaced by ' 80 ' to: ' 68 '.

2. In article 7, paragraph 5 5. paragraph, the words ' 70 ' to ' 58 '.

3. In section 7, paragraph 10, 2. paragraph, the words ' 65 ' to: ' 55 ' and ' 35 ' to: ' 45 '.

4. In section 7, paragraph 10, 3. paragraph 35, the words ' the ' to: ' 45 '.

5. In section 7, paragraph 10, 4. paragraph, the words ' 77 ' to: ' 65 ' and ' 23 ' is replaced by: ' 35 '.

6. In section 7, paragraph 10, 5. paragraph, the words ' 23 ' is replaced by: ' 35 '.

7. In article 7, paragraph 11, 4. paragraph, the words ' 65 ' to: ' 55 ' and ' to ': ' 5.5 ' 6.5.

8. In article 7, paragraph 11, 5. paragraph, shall be replaced by ' 60 ' to: ' 50 ' and ' 6 ': ' 5 '.

§ 2

The law shall enter into force on the day after publication in the Official Gazette and shall take effect as from the income year 2007.
Given on the Schackenborg Castle, the 20. February 2008 in the Queen's Name: Prince JOACHIM of Denmark Regent/Kristian Jensen