do cruise lines

[skip lynch]

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

[HDawson228]

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.

[Ross Klein]

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.