Denmark

International Tax Review is part of Legal Benchmarking Limited, 1-2 Paris Garden, London, SE1 8ND

Copyright © Legal Benchmarking Limited and its affiliated companies 2025

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Denmark

Anja Levin Sepstrup

sepstrup.jpg

Deloitte Denmark

Weidekampsgade 6

2300 Copenhagen S

Denmark


Tel: +45 30 93 40 32

Email: anlesepstrup@deloitte.dk

Website: www.deloitte.com

Anja Levin Sepstrup, Deloitte Denmark, is a partner in the M&A and international tax group, where she joined in December 2016. She is the leader of Deloitte's incentive practice, and specialises in the design and implementation of all types of incentive schemes, with extensive experience within the private equity sector and financial companies.

She has more than 18 years of experience with the international taxation of bonus and share-based programmes including cross-border implications, corporate tax issues, M&A transactions and employer obligations. Anja has built up her wide experience by working for international accounting firms including PwC (1999-2001) and KPMG (14 years). She also worked for a Danish law firm specialised in transactions, Accura (2013-2014).

Anja works with legal issues and HR considerations connected to the reward practice, and has a network within several industries, including media, medical device, energy and resource. Within the financial sector, Anja has a very strong profile having designed several long-term bonus programmes for executives and substantial risk takers within the financial sector, where EU-based requirements to the type of bonus, payment cycles, retention and forfeiture provisions, etc. must be complied with.

She also regularly assists the private equity industry with management incentive programmes including exits, design, and valuation.

Anja has a master's degree in law from the University of Aarhus, Denmark. Being a specialist in reward practice, she has published several articles on the topic. She has also given lectures, among others, at the University of Copenhagen and Copenhagen Business School.

deloitte-200.png

Sara Stentz Zahle

zahle.jpg

Deloitte Denmark

Weidekampsgade 6

2300 Copenhagen S

Denmark


Tel: +45 21 13 11 77

Email: szahle@deloitte.dk

Website: www.deloitte.com

Sara Stentz Zahle, Deloitte Denmark, is a partner in the M&A and international tax group. In addition, she is the client and industry leader of tax in Deloitte Nordics. She has built up her profound knowledge within corporate and international tax by working for 17 years for international accounting firms, including EY (2000-2011), PwC (2011-2014), and Deloitte (2014-present).

Over the years, Sara has obtained extensive experience in working together with Danish multinationals, assisting them with their outbound activities, as well as great experience in advising foreign multinationals with their Danish tax issues, including e.g. general corporate tax assistance, relevant issues when setting up a business in Denmark, or abroad, withholding taxes, incentives, permanent establishments, M&A activities, intellectual property restructurings, etc. Sara has been responsible for advising and coordinating numerous international tax restructurings, M&A projects, post-merger integrations, etc.

Sara has a long record supporting several Danish and foreign companies in obtaining binding rulings from the Danish tax authorities, as well as assisting with tax audits. As a result of this, she has established a good relationship to the Danish tax authorities. She also has extensive experience in conducting cases at the National Tax Tribunal.

Sara services clients from a wide range of industries, including construction, media, pharma, medical device, energy and resources, manufacturing, industrials consumer products, gaming industry, fashion industry, etc.

Sara has a master's degree in law from the University of Copenhagen, Denmark. She is a member of the tax committee of the Confederation of Danish Enterprise. Being a specialist in Danish controlled foreign corporation taxation, she has published several articles on the topic, as well as other topics. She has also given lectures, among others, at the Association of State-authorised Public Accountant in Denmark.

deloitte-200.png

Anne Becker-Christensen

Horten

Ria Falk

KPMG Acor Tax

Vicki From Jørgensen

EY

Lida Hulgaard

Hulgaard Advokater

Mette Christina Juul

Plesner

Line Kjær

DLA Piper

Bente Møll Pedersen

Aumento Advokatfirma

Bodil Tolstrup

Bjørnholm Law

more across site & shared bottom lb ros

More from across our site

The proposal seeks to regulate compulsory TP documentation in line with the OECD Transfer Pricing Guidelines and simplify filing requirements
Despite the decline in profitability, the firm’s tax advisory business delivered a 3.4% revenue growth
Firms are making use of inventories and ample profit margins to avoid or absorb the initial impact of higher tariffs, an OECD report said
While UN proposals to shift airline taxation from a residence-based system to a source-state one are not set in stone, ex-British Airways CEO Willie Walsh warns they would increase costs and complexity
Von Wobeser y Sierra’s head of tax shares best practices for resolving tax controversy and touts his firm’s founding partner as an exemplar of legal practice
ITR concludes its analysis of World Tax’s rankings for 2026 by highlighting the firms that stood out most on a global scale
Experts from law firm Kennedys outline the key tax disputes trends set to define 2026, ranging from increased enforcement to continued tariff drama and AI usage
They also warned against an ‘unnecessary duplication of efforts’ in UN tax convention negotiations; in other news, White & Case has hired Freshfields’ former French tax head
Awards
Submit your nominations to this year's WIBL EMEA Awards by 16 February 2026
Defending loss situations in TP is not about denying the existence of losses but about showing, through proactive measures, that the losses reflect genuine commercial realities
Gift this article