The Folketing’s tax rapporteurs have been summoned to a meeting on Wednesday evening with Minister of Taxation Morten Bødskov (S).
Several rapporteurs fear that the convening of the meeting is due to the further postponement of the system for assessing properties.
Also read: Media: New property valuations are postponed again
In that case, it will not be the first time that the process is postponed.
Read more about the process with new housing tax rules here:
* In 2007, the Ministry of Taxation’s Internal Audit concluded that the task of assessing properties in Denmark is solved at a “very low quality level”.
* Tax ministers under the VK government tried several times until 2011 to get rid of the uncertain property valuations in favor of a more secure taxation.
Each time, the attempts were rejected by the Ministry of Finance, which feared that the state and the municipalities would then lose tax revenue.
* After the election, Minister of Taxation Thor Möger Pedersen (SF) carried out the 2011 assessment, which maintained the uncertain property assessments.
* In 2013, Minister of Taxation Holger K. Nielsen (SF) extended the 2011 assessment of owner-occupied housing to also apply in 2013 and 2014.
* In September 2014, a committee of experts, the Engberg Committee, set out to find a method for assessing the value of land. It was not possible to find a method that was reasonably safe, the committee believed.
* In November 2016, a broad majority in the Folketing agreed to maintain the taxation of the land value as the largest and most important part of the property and housing taxation.
* In May 2017, a broad majority in the Folketing agreed on an agreement that gives Danes new housing tax rules.
* However, the Ministry of Taxation has had great difficulty in developing a new system for assessing properties and not least the grounds. The initial assessments should have been ready last year, but have been postponed twice.
* Before the election in 2019, the government postponed the bill that was to implement the new housing tax rules until after the election.
* On 23 October 2019, it was clear that the new housing tax rules will not enter into force in 2021 as planned, but only in 2024. This is due to the IT systems not being ready on time.
* On 15 May 2020, a broad majority of the parliamentary parties will agree on a housing agreement, which means that the property value tax will be eased by approximately three billion kroner in 2021-2023.
At the same time, the agreement ensures that the land debt can increase by a maximum of 2.8 percent annually in 2022 to 2024.
Sources: Ministry of Taxation, Politiken.
In that case, it will not be the first time that the process is postponed.
Read more about the process with new housing tax rules here:
* In 2007, the Ministry of Taxation’s Internal Audit concluded that the task of assessing properties in Denmark is solved at a “very low quality level”.
* Tax ministers under the VK government tried several times until 2011 to get rid of the uncertain property valuations in favor of a more secure taxation.
Each time, the attempts were rejected by the Ministry of Finance, which feared that the state and the municipalities would then lose tax revenue.
* After the election, Minister of Taxation Thor Möger Pedersen (SF) carried out the 2011 assessment, which maintained the uncertain property assessments.
* In 2013, Minister of Taxation Holger K. Nielsen (SF) extended the 2011 assessment of owner-occupied housing to also apply in 2013 and 2014.
* In September 2014, a committee of experts, the Engberg Committee, set out to find a method for assessing the value of land. It was not possible to find a method that was reasonably safe, the committee believed.
* In November 2016, a broad majority in the Folketing agreed to maintain the taxation of the land value as the largest and most important part of the property and housing taxation.
* In May 2017, a broad majority in the Folketing agreed on an agreement that gives Danes new housing tax rules.
* However, the Ministry of Taxation has had great difficulty in developing a new system for assessing properties and not least the grounds. The initial assessments should have been ready last year, but have been postponed twice.
* Before the election in 2019, the government postponed the bill that was to implement the new housing tax rules until after the election.
* On 23 October 2019, it was clear that the new housing tax rules will not enter into force in 2021 as planned, but only in 2024. This is due to the IT systems not being ready on time.
* On 15 May 2020, a broad majority of the parliamentary parties will agree on a housing agreement, which means that the property value tax will be eased by approximately three billion kroner in 2021-2023.
At the same time, the agreement ensures that the land debt can increase by a maximum of 2.8 percent annually in 2022 to 2024.
Sources: Ministry of Taxation, Politiken.