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Denmark lost out on fortune from historic Maersk dividend

While investors in major Danish energy groups reaped massive returns in 2015, there are factors suggesting that the state was cheated out of large proceeds from dividend tax, writes Danish daily Borsen.

Photo: Katrine Marie Kragh/Polfoto/Arkiv

A large share of the historically high dividend paid out by Maersk Group after selling its share in Danske Bank last year may have dodged Danish dividend tax, reports Danish daily Børsen.

A review from ratings bureau S&P shows that the shareholders had lent out six percent of the shares a few days before the payout, while the normal lending level sits at around a half percent. Doing so enables the tax of the dividend payout to dodge Danish tax.

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