A comprehensive limitation on benefits (LOB) provision was included in a Danish tax treaty for the first time in Denmark's new treaty with the United States. In this article the authors describe what is not an especially easy-to-read provision.
A comprehensive limitation on benefits (LOB) provision was included in a Danish tax treaty for the first time in Denmark's new treaty with the United States. In this article the authors describe what is not an especially easy-to-read provision.