The adoption abolishes the special tax rules that currently comprise A/S Storebælt. The abolition of the special rules means that, with effect from 1 January 2016, all companies in the Group, including A/S Storebælt shall follow the tax legislation’s ordinary rules. The content of this announcement does not change A/S Storebælt’s expectations concerning the repayment period for the company’s debt, as announced in the 2014 Annual Report.
Abolition of special tax rules for A/S Storebælt
The Danish Parliament has today adopted an amendment to the law on Sund and Bælt Holding A/S, the Act on the Planning of the Fixed Link across the Fehmarnbelt with Associated Landworks in Denmark and Corporate Income Tax legislation.