Re:The World’s Favorite New Tax Haven Is the United States
by zekevermillion on Wednesday January 27, 2016 @05:05PM
(#10983885)
Why would you want a US-flagged boat other than patriotism? (Not being facetious, actually curious if there's a reason to prefer Amurrican to one of the more typical flag countries.)
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Re:The World’s Favorite New Tax Haven Is the United States
by bzbarsky on Wednesday January 27, 2016 @06:19PM
(#10984401)
For a commercial vessel, if you want to carry cargo from one US port to another. See https://en.wikipedia.org/wiki/Merchant_Marine_Act_of_1920 though that also requires the vessel to be US-built/owned/crewed...
Re:The World’s Favorite New Tax Haven Is the United States
by yardie on Friday January 29, 2016 @09:30PM
(#11000206)
Whats a typical flag country? You mean Panama, Liberia, Cayman islands? To get those flags costs thousands of dollars per year in incorporation fees. For your typical billion dollar cruise liner, or megayacht, this is a rounding error. My DE corporate taxes are $300/year. Its a bargain in comparison.
Re:The World’s Favorite New Tax Haven Is the United States
by superuser2 on Wednesday January 27, 2016 @11:09PM
(#10986189)
Theoretically, the protection of the US Navy.
Re:The World’s Favorite New Tax Haven Is the United States
by rpgmaker on Thursday January 28, 2016 @11:46AM
(#10989261)
Watching Captain Phillips one of the things that impressed me the most was how much money and effort was put into rescuing Captain Phillips and his crew. Of course much of the pressure was political with Obama just starting out his presidency but still, it was a clear indication that it pays to be American.