Tax policy

Introduction

Copenhagen Airports A/S (in short: CPH) recognise the role that tax contributions play in the Danish society and consider our payment of taxes a core part of CPH’s corporate responsibility.

CPH primarily operates in Denmark and taxes primarily comprise direct taxes and indirect taxes including VAT, property taxes etc. CPH is also responsible for withholding tax at source, labour-market contributions, social security contributions, etc. in connection with the payment of salaries and wages.

CPH is committed to maintaining a constructive dialogue with the tax authorities. CPH responds to tax authorities' enquiries in an open and transparent manner and always seeks a constructive dialogue.

CPH will not engage in aggressive tax planning and will only optimise the tax position driven by business reason. If relevant for the business CPH will utilise government sponsored tax incentives and reliefs.

The tax policy is reviewed yearly with subsequent approval by the Board of Directors, latest in March, 2024. It contains descriptions of the following:

1. Accountability and governance
2. Joint taxation
3. Tax risk management
4. Attitude towards tax planning/optimisation & incentives