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Shipping giant CMA CGM open to French windfall tax, CEO says
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Publish Date: Mon, 23 Sep 2024, 11:49 AM
PARIS, Sept 23 (Reuters) - Shipping group CMA CGM is ready to contribute to any windfall tax on major companies that the new French government may adopt, CEO Rodolphe Saade told reporters on a call on Monday.
However, Saade reiterated his opposition to a change to a tonnage tax regime for shipping firms, as called for by some French politicians, as this would penalise CMA CGM compared with competitors in Asia and elsewhere in Europe.
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https://www.reuters.com/business/shipping-giant-cma-cgm-open-french-windfall-tax-ceo-says-2024-09-23/