Could you please help us?
The Danish company has losses according to the annual incorporation tax declaration, so The Danish company shoudn't pay the corporate income tax. However, during this financial year, the company received dividends from the Swedish company and these dividends are not subject to the corporate income taxation, therefore in the balance sheet we have a profit. Can the Danish company pay dividends to shareholders in this case? Or also should be profit in the tax declaration?
Thank you in advance!