Danish tax agency subpoenas foreign pension fund over dividend tax refunds

COPENHAGEN: The Danish Tax Agency said on Friday that it had subpoened a foreign pension fund, saying it had ineligibly received dividend tax refunds worth 900 million Danish crowns ($138 million) from 2011 to 2014.

The tax agency said that it assessed that the fund had not made fraudulent transactions. State broadcaster DR said the fund was Canadian. The tax agency declined to confirm that.