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Denmark's Orsted says commission backs UK taxation of British wind farms

Source: reuters.com

Tax & TariffsRenewable Energy TransitionLegal & Litigation
Denmark's Orsted says commission backs UK taxation of British wind farms

Orsted said an advisory commission ruled that its two British offshore wind farms should be taxed primarily in the UK, backing the Danish developer's position in its dispute with Danish and UK tax authorities. The ruling is a favorable development for Orsted, though the article provides no financial estimate of the potential tax impact.

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