ShippingWatch

Danish government examines tonnage taxation scheme

Expert group spearheaded by Axcel founder is looking deeply into Danish subsidization schemes, including tonnage taxation. Abandoning the measure will cause a ”bleeding of competences” from Denmark, says Danish Shipping’s chair to ShippingWatch.

”In my opinion, the conclusion ought to be a continuation of the existing,” says Danish Shipping Chair Jacob Meldgaard. | Photo: PR/Torm

It is only natural that different subsidization measures for the business sector are examined.

But the chair of trade organization Danish Shipping Jacob Meldgaard is certain that the much-debated tonnage taxation scheme will be allowed to carry on. The statement comes at a time when a newly appointed expert group by the Danish government is examining a number of support schemes for the business sector – including maritime measures such as the tonnage tax and net wages for seafarers.

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