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DFDS to lose significant amount in case of withdrawal from tonnage tax scheme

The Chairmanship of the Danish Economic Councils criticizes the tonnage taxation scheme for having a ”distorting” effect. DFDS has calculated what it would cost to leave the arrangement in a number of countries.

Photo: John Sibley/Reuters/Ritzau Scanpix

Danish ferry and logistics company DFDS has put forth calculations showing what it would cost to leave the 20-year old, politically disputed tonnage taxation scheme.

This week, the tax was criticized by the Chairmanship of the Danish Economic Councils, which finds it ”distorting” and a limitation to productivity.

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