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Cross-Border Gift to Son that is USA citizen but Danish resident

momic2012

I have a son who is a U.S. citizen but currently resides in Denmark. I know that each parent can donate 80 000 krone each year with no taxes.

I would like to gift him more that that allowance to so he can re-pay part  off his apartment loan. Could somebody let me know who to contact related to this question and is there a way to gift more without triggering addition  15% tax?

For context, my wife and I are U.S. citizens residing in USA.

Thank you in advance for any information you can provide.

See also
Nellie Berg

You can consult SKAT for more information:

https://skat.dk/en-us/individuals/gifts … thresholds


/Nellie

momic2012

Thanks a lot