The process of examining the possibilities of re-domiciling the parent company of Nordic Waterproofing to Sweden continues. Positive advance ruling received in Denmark.
As previously announced (PR 2019-12-10) the board of directors of Nordic Waterproofing Holding A/S ("Nordic Waterproofing") has decided to examine the possibilities of simplifying the legal structure by carrying out a re-domiciliation of the parent company from Denmark to Sweden. As part of this examination, Nordic Waterproofing has applied for a binding advance tax ruling in Denmark. The company has now received such an advance tax ruling stating that the suggested re-domiciling structure will not trigger any adverse Danish tax consequences. This is an important input into the examination