itf-ap-moller-maersk

Shipowning: It’s hardly taxing, says transport union

ITF argues that globally, Maersk pre-tax profits totalled US$49 billion across 2021 and 2022 but in 2021 it paid just 3.7% tax on its profits, and only 3% in 2022. In contrast, the  average Danish worker pays 39.1% income tax and social security contributions on their wages 13 times higher than the rate paid by Maersk, Dutch workers more than nine times as much, Argentinian workers more than eight times and ... [+]