The Danish Government has introduced three bills in Parliament in order to enter into double tax treaties with the Philippines, Vietnam and South Africa.

It is not certain when the treaties will come into force as this depends on a number of further steps but it is most likely to be from 1 January 1996 or 1 January 1997.

This article is intended to provide general information, and no transaction should be undertaken without prior advice on the specific situation.

If you have any further questions, please do not hesitate to contact Senior Tax manager Niels Viladsen or Tax Manager Elizabeth Brandt at Coopers and Lybrand Tax Department, Lyngbyvej 16-28 2100 Copenhagen, Denmark, tel +45 3927 7200, or fax +45 3927 2815, or enter text search 'Coopers and Lybrand' and 'Business Monitor'.