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 Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

Nigerian Oil Workers Call Off Strike After Talks with Government

Nigerian oil workers' unions have called off a four-day strike after reaching a deal with the government in a dispute over pensions, they said on Saturday. A

Nigerian Minister Pledges $1.3 bln for Power Companies

Nigeria's oil minister announced a 213 billion naira (1.3 billion US dollar) bail-out package for power companies on Saturday, nearly a year after the sector was privatised.

Russia's Yamal LNG Project May Tap Wealth Fund in 2014

Russia's Novatek may get funds from the National Wealth Fund for its Yamal LNG project before the year-end, a minister said, as part of government plans to support sanction-hit companies.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Navigation Offshore Oil Pod Propulsion Ship Repair Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.3543 sec (3 req/sec)