SoylentNews
SoylentNews is people
https://soylentnews.org/politics/

Title    Denmark Extends Business Aid to Increase Spending by $15 Billion
Date    Tuesday April 21 2020, @04:14AM
Author    janrinok
Topic   
from the help-where-it-is-needed,-not-just-where-it-is-wanted dept.
https://soylentnews.org/politics/article.pl?sid=20/04/20/1749220

An Anonymous Coward writes:

https://www.bloomberg.com/news/articles/2020-04-18/denmark-extends-business-aid-to-increase-spending-by-15-billion

Denmark extended the duration of its aid programs to businesses and workers and added some new measures to increase spending by about 100 billion kroner ($15 billion).

The government agreed with all parties in parliament to keep aid measures available until July 8, a month longer than previously planned, according to a statement on Saturday. Companies will now be able to get back some value added tax (VAT) payments they made last year as zero-interest loans.

The government also said that companies which pay out dividends, buy back own shares or are registered in tax havens won't be eligible for any of the aid programs, which now amount to a total of 400 billion kroner, when including loans and guarantees.


Original Submission

Links

  1. "Original Submission" - https://soylentnews.org/submit.pl?op=viewsub&subid=40525

© Copyright 2024 - SoylentNews, All Rights Reserved

printed from SoylentNews, Denmark Extends Business Aid to Increase Spending by $15 Billion on 2024-03-29 11:06:19