Largest Cruise Lines May Be Shut Out of Coronavirus Stimulus Bill
submitted 4 years ago by Nemacolin from (maritime-executive.com)
view the rest of the comments →
[–]Nemacolin[S] 4 insightful - 2 fun4 insightful - 1 fun5 insightful - 1 fun5 insightful - 2 fun - 4 years ago (0 children)
Seems to be good news.
The largest cruise operators may be shut out of the business assistance provisions in the $2 trillion coronavirus relief package passed by the U.S. Senate on Wednesday, based upon the final language in the bill.
The relief bill is by far the largest stimulus package ever passed in the U.S., and it includes about $500 billion in loan assistance for large American businesses. After complex three-way negotiations between the Republican and Democratic leadership in Congress and the Trump administration, the bill contains language restricting assistance to only those companies which are organized in the United States and have the majority of their workforce based in the U.S. The three largest cruise operators are headquartered in the U.S., but they are incorporated in foreign countries, have large foreign workforces aboard their vessels and are substantially exempt from paying U.S. taxes.
use the following search parameters to narrow your results:
e.g. sub:pics site:imgur.com dog
sub:pics site:imgur.com dog
advanced search: by author, sub...
~5 users here now
view the rest of the comments →
[–]Nemacolin[S] 4 insightful - 2 fun4 insightful - 1 fun5 insightful - 1 fun5 insightful - 2 fun - (0 children)