Greek shipowners: Higher taxes will trigger out-flagging
Greek carriers will be among the highest taxpayers by international standards as a result of new EU tax regulations, says the president of the Union of Greek Shipowners, who warns of out-flagging.
BY OLE ANDERSEN
Greek carriers risk paying what could be the highest taxation in the shipping industry compared to other nations if the EU Commission's requirements for steeper taxation of the country's carriers is carried out.
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