all commercial ships, except for a few exceptions, fly the flags of foreign nations. Therefore, the ships are registered in a foreign country, revenues are earned when sailing in international waters and the U.S. government has no claim to tax these entities.
Green Marine
about 20 years ago
Cruise lines and taxes complicated
all commercial ships, except for a few exceptions, fly the flags of foreign nations. Therefore, the ships are registered in a foreign country, revenues are earned when sailing in international waters and the U.S. government has no claim to tax these entities.
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