u/ConsistentMoney6429

Early-stage founder here. Had a split with my co-founder and exited a private startup. My Danish holding company (ApS) held the shares. I received no money from the exit. The startup might close soon or get sold for a small amount, business isn’t doing well. All the money raised was private investors.

Now liquidating the ApS. I’m currently a tax resident in Canada.

Question:
Can Denmark (SKAT) still tax me even though I got no proceeds? I just transferred all my shares at DKK 0

How is this typically treated under the Denmark–Canada tax treaty?

Accountant said “it depends”, looking for real world experiences or similar cases.

I am hoping that this is a very normal case, don’t co-founders split in early stages in Denmark?

Early-stage founder here. Had a split with my co-founder and exited a private startup. My Danish holding company (ApS) held the shares. I received no money from the exit. The startup might close soon or get sold for a small amount, business isn’t doing well. All the money raised was private investors.

Now liquidating the ApS. I’m currently a tax resident in Canada.

Question:
Can Denmark (SKAT) still tax me even though I got no proceeds? I just transferred all my shares at DKK 0

How is this typically treated under the Denmark–Canada tax treaty?

Accountant said “it depends”, looking for real world experiences or similar cases.

I am hoping that this is a very normal case, don’t co-founders split in early stages in Denmark?