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 January 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

Caterpillar Names Official Dealer for Cuba

Caterpillar Inc. has named privately owned Puerto Rico-based company Rimco as the official Cat dealer for Cuba. Rimco, a longtime Cat partner, currently serves

U.S. Okays ConocoPhillips Alaska LNG Exports

The U.S. Department of Energy approved ConocoPhillips' application to export about 40 billion cubic feet of natural gas from its Kenai liquefied natural gas export

Maersk, MSC, 13 Others Offer to Settle EU Probe

Companies offer to announce actual prices, not future plans. Shipping container groups Maersk, MSC and 13 other companies have offered to change their pricing

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Naval Architecture Pipelines Pod Propulsion Port Authority Ship Electronics Shipbuilding / Vessel Construction
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: 0.0721 sec (14 req/sec)