Denmark revamps tax system to boost investment

Denmark's government has reached agreement with other parties to simplify one of the world's most complex tax systems - including phasing out a 100-year old tax on nuts. The country's right-leaning government wants to cut taxes and trim bureaucracy to encourage Danes to work more and spend some of their large savings to support businesses, while also discouraging them from buying groceries in neighbouring Germany.
Danes hand over close to half of their salary to the state each month, and must also navigate complex systems of duties, tolls and excise taxes. The tax on nuts was introduced in 1922 as part of new levies on luxury goods such as chocolate to discourage people from making homemade marzipan.