mercredi 25 mars 2020

Don't bail out the cruise industry

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Carnival Corporation is incorporated in Panama. Royal Caribbean is incorporated in Liberia. Norwegian Cruise Line is incorporated in Bermuda.
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They pay basically zero federal income tax. With all of that in mind, it shouldn’t surprise many people that these big cruise companies essentially pay no federal income tax in the US.
Don’t bail out the cruise industry

They chose to strategically incorporate in tax havens to avoid paying taxes on their profits in the US. Therefore, the US taxpayer should not be bailing out these non-taxpayers.


via International Skeptics Forum https://ift.tt/2Jd6ngn

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