The margarine sector welcomes the Danish decision to abolish the so-called “fat tax”

The Danish tax ministry decided to abolish the tax on saturated fatty acids, introduced one year ago. Holger Nielsen, the Danish Minister for Taxation said in a statement that “these taxes created big administrative costs ” adding that this was “not what we need in this economic situation.” In one year, a dramatic rise in border trade with Germany was observed which, as a result, cost many jobs in the retail sector. These negative side effects hitting Danish businesses led to the government’s decision to abandon the “fat tax”.

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