The shipping company made a profit of 203 billion DKK in 2022. However, they paid only 6 billion DKK in taxes. Why? Shipping companies do not pay corporate tax. They pay instead a tonnage tax based on the size of the fleet.
The shipping company made a profit of 203 billion DKK in 2022. However, they paid only 6 billion DKK in taxes. Why? Shipping companies do not pay corporate tax. They pay instead a tonnage tax based on the size of the fleet.