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.

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.

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