Coloplast chair on transparent tax payments: "Experiences aren't especially good"

Danish power company Ørsted says only positive things about allowing greater insights into the company's global tax payments. In contrast, Coloplast's chair, Lars Rasmussen, says he's had bad experiences with increasing tax transparency.

Lars Rasmussen, Chairman of the board at Coloplast | Photo: Niels Hougaard/IND

Chairman of the board at Coloplast Lars Rasmussen says he's had bad experiences with giving the public an insight into tax payments across the world, in an interview with Danish business daily Børsen.

On the one hand, it is good that the medtech company has publicized its tax payments for EU member states prior to the upcoming directive that would make this a requirement, the Coloplast's chair says. On the other, the same information on a global scale is a complicated issue that isn't easy to communicate clearly, he says.

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