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  #1  
Old September 19th, 2003, 06:48 PM
skip lynch
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Default do cruise lines

hi i wonder if cruise lines pay income tax. if not why not???

  #2  
Old September 19th, 2003, 08:32 PM
HDawson228
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Default do cruise lines

If they are incorporated in the US I'm pretty sure they pay corporate income
taxes. At least I see entries in my Carnival Annual Report.
  #3  
Old September 19th, 2003, 10:15 PM
Ross Klein
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Default do cruise lines

Carnival Corp., as a Panamanian corporation, pays no corporate income
tax in the US, however they do pay tax on properties owned in the US by
its tour companies -- buses, hotels, train cars, etc. The same is the
case with RCCL and Star/ NCL.

Ross

www.cruisejunkie.com



HDawson228 wrote:
If they are incorporated in the US I'm pretty sure they pay corporate income
taxes. At least I see entries in my Carnival Annual Report.


 




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