PUBLIC FINANCES AND TAXATION
Many important drivers for growth and wealth are affected by tax regulations. For example, whether a business decides to invest in physical capital is affected by corporate tax, while the incentive for individuals to invest in education that matches labour market needs and to make themselves available to the labour market depends primarily on income tax. Furthermore, it is a well-known fact that the Danish tax system is unnecessarily distortive, and this inhibits growth.
Increasing internationalisation could make it difficult for Denmark to maintain its high tax rates relative to the rest of the world and at the same time attract labour and investment. Therefore, the Danish tax system needs to be adjusted on an ongoing basis.
We have many years of experience with tax policy and the design of the tax system; both as government officials and as researchers. We are therefore familiar with different tax theories, and our calculations of the impacts of taxation meet all the methodology requirements of the Danish Ministries of Finance and Taxation.
Among other things, we help our clients
- assess the revenues from changes in direct and indirect taxes;
- calculate the broader, socio-economic impacts of taxation;
- assess the impact of tax-policy initiatives;
- assess the pros and cons of specific tax models.