Kuykendall Introduces Legislation To Increase Employment Of American Merchant Mariners

Tuesday, November 02, 1999
Congressman Steven T. Kuykendall, vice chairman of the Merchant Marine Panel for the House Armed Services Committee, has introduced legislation that would provide merchant mariners the same tax credits as other Americans working abroad. Kuykendall introduced this legislation to increase the employment of American merchant mariners aboard commercial vessels in the foreign and international trades. Currently, American citizens employed outside the United States may exclude up to $74,000 of their foreign earned income for federal income tax purposes. American merchant mariners, working aboard United States or foreign commercial vessels, are not qualified to take advantage of the foreign earned income exclusion because they are not considered to be working in a foreign country as defined by IRS regulations. American merchant mariners are being priced out of the market because they require higher pay in order to maintain a comparable after-tax income. Many companies are unwilling to pay the higher wages to Americans, when they can afford mariners from other nations at lower wages. The proposed legislation would extend the same foreign earned income exclusion available to other American workers to American merchant mariners working aboard commercial vessels operating outside the United States, and would reflect the true nature of their employment.

Maritime Today

The Maritime Industry's original and most viewed E-News Service

Maritime Reporter November 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds


SSA Welcomes Decision To Extend BEO

The Singapore Shipping Association (SSA) has welcomed the decision by Singapore’s Minister for Trade and Industry to extend the Competition (Block Exemption

Moore Stephens Highlights Potential Tax Issues for Shipping

As part of the Government’s drive to encourage voluntary compliance with the tax rules, it will legislate to introduce a new requirement that large businesses

SSAB, Aspo ESL Shipping Pact On Sea Transport

The global steel company SSAB and Aspo Group’s ESL Shipping Ltd have signed a long-term frame agreement covering sea freight for SSAB’s inbound raw material sea

Maritime Careers / Shipboard Positions Maritime Security Navigation Offshore Oil Pipelines Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0879 sec (11 req/sec)