Denmark Proposes Tourist Tax to Fund Income Tax Cuts

Visitors to Copenhagen and Aarhus may soon pay a tourist tax.

Meanwhile, local workers could benefit from new personal income tax cuts.

The Danish government proposed a tax of 20 Danish kroner per night.

This charge applies to hotel stays in Copenhagen and Aarhus.

The proposal also introduces a new levy on cruise ships.

Money from these tourism fees will fund broad tax reductions.

The plan eliminates the 7.5 percent intermediate income tax called mellemskat.

It also reduces tax rates on share savings accounts for residents.

This news was reported by CPH Post.