Unfair oil tax

Sep 3, 2013

Bayerngas is blaming the government for unequal treatment as it prepares to open negotiations over how much it will be taxed on its gas operations in the Danish North Sea.

According to the German-based gas exploration company, AP Moller-Maersk, which also operates in the area, was given a more lucrative tax deal in 2003 than it has been presented with ahead of tomorrow’s opening day of negotiations.

Unlike Maersk at that time, Bayerngas stands to be taxed retroactively on its operations.

Bayerngas built its case on a report written by a respected Danish economist who has previously called for higher taxes on North Sea oil operations.

Erhverv & Økonomi

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Unfair oil tax

New US Arctic security strategy co-opts Denmark as Russia deterrent

Anti-whaling activist and Greenpeace co-founder Paul Watson arrested in Greenland

Migratory birds bring dangerous ticks to Denmark

Planes grounded in CPH as worldwide IT outage hits airlines, media and banks

CrowdStrike director: IT outage issue “has been identifed”

Foreign labour contributes DKK 76 billion to Danish economy in three months

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How internationals can benefit from joining trade unions

Internationals in Denmark rarely join a trade union

Novo Nordisk overtakes LEGO as the most desirable future workplace amongst university students

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