Report on the taxation of shares

08-11-2019

Report no. 6/2019

The purpose of the study is to assess whether the effort made by the Ministry of Taxation to ensure correct taxation of shares has been adequate. The report answers the following questions:

  • Has the Tax Agency's effort directed towards citizens been adequate in ensuring correct taxation of shares?
  • Has the Tax Agency's effort directed towards companies been adequate in ensuring correct taxation of shares?

It is Rigsrevisionen's assessment that the Ministry of Taxation's effort has not been entirely adequate to ensure correct taxation of shares owned by individual citizens and companies. The Tax Agency has automated large parts of the taxation of quoted shares owned by individual citizens. There is, however, room for improvement in the areas where taxation has not been automated. The Tax Agency's knowledge of companies' tax compliance is not sufficient. In consequence, the Tax Agency is not fully able to ensure that the citizens and, most notably, the companies pay correct taxes on their shares.

Rigsrevisionen initiated the study in January 2019.

Read the introduction and conclusion (PDF)