THE CHEAPEST SUBSIDY UNCLE SAM CAN GIVE MAY BE A TAX LAW WHICH SAYS: WELCOME HOME

According to government statistics, the American owned foreign flag fleet now numbers 112 bulk and ore carriers and 508 tankers. The need to shift this fleet to U.S. flag operations is emphasized. The imposition of a tax on corporate profits is viewed as a disincentive to convert to U.S. flag operations. It is recommended that a moderate promotional effort through tax reform and coupled with provisions favoring American registration of foreign built ships already in service may be the best way of keeping U.S. bulk shipping capacity in line with market demand.

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  • Corporate Authors:

    Howard Publications, Incorporated

    300 W. Adams Street, Suite 600, P.O. Box 4728
    Jacksonville, FL  United States  32201
  • Publication Date: 1976-12

Media Info

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Filing Info

  • Accession Number: 00149567
  • Record Type: Publication
  • Source Agency: American Shipper Magazine
  • Files: TRIS
  • Created Date: Apr 13 1977 12:00AM