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Denmark Supports EU-Wide Deal on Digital Tax, Premier Says

Frederiksen Says Denmark Supports EU-Wide Deal on Digital Tax

(Bloomberg) --

Denmark would support an European Union-wide agreement to the digital tax controversy should a global deal fail, Prime Minister Mette Frederiksen told an EU conference in Copenhagen.

“A year ago, the Danish government did not want a joint European digital tax. Today the Danish government does,” Frederiksen said in her first major speech on the EU since assuming office in June.

Denmark Supports EU-Wide Deal on Digital Tax, Premier Says

Under the previous center-right administration led by Lars Lokke Rasmussen, Denmark was one of the few European countries to oppose a digital tax targeting major U.S. companies for fear of retaliatory measures against its own multinationals.

The European Commission says it’s willing to look into an EU-wide proposal should efforts to reach a global solution fail.

Participants from more than 135 nations will meet at the Organisation for Economic Cooperation and Development in Paris on Wednesday to approve the architecture for a global deal.

Speaking at a conference organized by the Danish Europa think tank, Frederiksen listed climate change and migration as the EU’s biggest challenges.

To contact the reporter on this story: Morten Buttler in Copenhagen at mbuttler@bloomberg.net

To contact the editors responsible for this story: Christian Wienberg at cwienberg@bloomberg.net, Nick Rigillo

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