European shipping lines are paying less than 2% tax on billion-dollar profits
August 23, 2022 0Middle East Logistics News
… world’s largest shipping line, Mediterranean Shipping Company (MSC), … burden—and discourage shipping lines from registering … followed suit.
Although shipping lines generally get the … freight prices soaring, tonnage tax revenues couldn’t keep up with shipping …
European shipping lines are paying less than 2% tax on billion-dollar profits