Tax authority investigating Clipper bonus
SHIPPING: Danish tax authority is investigating bonuses paid by Clipper to top executives and managers through Bahamas accounts. Up to 50 workers could be in the tax authority's firing line. Clipper says it has told their employees, that they should remember to declare the money.
It has emerged, that many Danish companies have paid bonuses of top executives and managers into off-shore accounts. One of those being Clipper, the Copenhagen based but Bahamas owned shipping company.
According to DR news, employees of the Clipper shipping company have had their bonuses paid by a Bahamas-based company for the last decade and up to 50 workers could be in the tax authority's firing line.
"It's correct that the bonuses were paid out from the Bahamas, but we had also told our employees that they should remember to declare the money", says CEO Per Gullestrup, Clipper Projects to epn.dk.
Clipper underscores that Clipper is a Bahamas company, end that the bonuses were only paid through Bahamas banks for practical reasons. Clipper firmly denied paying bonuses into offshore accounts to avoid paying tax.
Clipper says that the transaction was fully approved by Clippers accounting firm, Deloitte.
Source:
maritimedanmark.dk
