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by bradleyjg 2278 days ago
The pay no taxes.

Carnival Corp and Norwegian both posted negative income tax expenses — that is, they received more in refunds or deductions than they paid or set aside for taxes — with Carnival reporting an income tax expense of $71 million and Norwegian reporting an $18.9 million tax benefit.

They don’t contribute to the public fisc in good times, they should have no call on it when times are tough.

1 comments

So like Amazon? Have they never paid taxes? Because that quote seems to be referring to a single year?
They pay a ton income tax and sales tax.
What do they pay sales tax on that makes any material difference? And what's their income tax as a percentage of revenue?