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02 December 2008 The on-line newspaper devoted to the world of transports 12:30 GMT+1



March 6, 2007
(posted Mar. 2)

The economy minister is seeking to revise the government's new business tax plan after the nation's largest company threatened to move

After ruffling the feathers of shipping giant A.P. Moller-Maersk with its proposed corporate tax restructuring, the government is now looking to make changes to the plan to prevent the nation's biggest earner from moving its operations abroad.

The government's proposal included a corporate tax cut from 28 percent to 22 percent to keep companies from setting up venture capital funds abroad as a means to avoid paying Danish taxes. It also aimed to help smaller businesses increase their potential earnings ......
Read more on The Copenhagen Post





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