Subject:
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Re: Will Kjeld sell?
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Newsgroups:
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lugnet.general
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Date:
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Tue, 6 Mar 2001 14:53:35 GMT
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Viewed:
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699 times
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I bet that KKK is making this pitch to get the beaurocrats in Copenhagen
to make some changes. You have to realize that there is not that much
going on in Jutland (the part of Denmark that Billund is in), commerce
wise, and LEGO is the major industry in the area of Billund. So if
"LEGO catches cold, Jutland catches pneumonia". If he threatens to
sell, the likelihood if the company remaining in Denmark are not so
good. And the beaurocrats realize that.
And after all his family (and the people who own Maersk) are Denmarks
only billionaires. So they do have a lot of influence in the country.
Gary Istok
Scott Sanburn wrote:
> Eric,
>
> > What are Death Duties?
>
> I would guess that they are like the estate tax. If you have
> over x amount (I think your assets have to be over a million
> dollars for the US federal estate tax) the government taxes
> it at 55 or 60%, so effectively killing a lot of businesses,
> etc. I would imagine Denmark has similar laws as well, so it
> is a legitmate concern. A lot of busineees are weither sold,
> distibuted, or broken up because of this.
>
> I do not this is debate material or anything, just guessing
> on what impact the Death Duties might be, which might in
> turn destroy TLC.
>
> Scott S.
> --
>
>
> >
> > Eric
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Message is in Reply To:
 | | Re: Will Kjeld sell?
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| Eric, (...) I would guess that they are like the estate tax. If you have over x amount (I think your assets have to be over a million dollars for the US federal estate tax) the government taxes it at 55 or 60%, so effectively killing a lot of (...) (24 years ago, 6-Mar-01, to lugnet.general)
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