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Headquartered in Miami, but incorporated in Panama.
by icebraining 7y ago
Headquartered in Miami, but incorporated in Panama.
- jjeaff 7y agoThat doesn't matter. If you have operations in the US, you have to pay US taxes. Now they may be getting around those taxes, but they have to file.
- icebraining 7y agoYes, they have to file, but it does matter: > In general, under Section 883 of the Internal Revenue Code, certain non-U.S. corporations (such as our North American cruise ship businesses) are not subject to U.S. federal income tax or branch profits tax on U.S. source income derived from, or incidental to, the international operation of a ship or ships From https://www.carnivalcorp.com/financial-information/annual-reporting https://www.carnivalcorp.com/financial-information/annual-re...