DFDS has large sums caught in European VAT spat: "This will affect all forms of transport"
A VAT dispute in Latvia has now left ferry operator DFDS with millions of kroner in extra costs and a future of navigating a bureacratic minefield. However, the Danish carrier predicts challenges throughout the industry: ”It is only when it’s actually happening, that you realize it is a problem,” warns the company’s indirect tax manager.
Photo: PR/DFDS
by peter thomsen, watch media’s eu correspondent
BRUSSELS – An old lawsuit surrounding the value-added tax (VAT) calculations for a truckdriver could now be an exciting factor behind large bills across the European transport sector, warns one of Northern Europe’s largest transport companies, DFDS.
On July 1, the use and transportation of heavy bunker oil by ships in the Arctic will be banned. A climate organization now accuses the ban of being full of loopholes.