NCL's new "Cruise and Stay" packages are explained on grid below: Scenarios | Tax Deduction for US-flagged Ship portion applies | Tax Deduction for US Hotel portion applies | #1 Main purpose:
Business for BOTH, 3-day cruise and 4-day hotel | YES | YES | #2 Main purpose:
Business for 3-day cruise, Main purpose: Pleasure for 4-day hotel | YES | NO | #3 Main purpose:
Pleasure for 3-day cruise, Main purpose: Business for 4-day hotel | NO | YES | #4 Main purpose:
Pleasure for BOTH, 3-day cruise and 4-day hotel | NO | NO |
Please see Tax Deductibility Comparison Grid for specific deductions Q: Are there any other US-flagged cruise ships in the market?
A: Yes, however they are small riverboat, coastal cruising ships whose capacities are under 400 passengers. TAX DEDUCTIBILITY COMPARISONS
NCL America
Pride of Aloha & Pride of America
vs.
Foreign-Flagged Ships and U.S. Hotels - - | US Hotel | US-Flagged
Cruise Ship | Foreign Flagged Cruise Ship | Main Purpose - Must Be Business | Y | Y | N/A | Tax Deduction for Participants Only | Y | Y | N/A | Spouse / Companion Deduction | 0% | 0% | 0% | Location Requirements | North American Region | All US Ports | N/A | ** Cruise Fare or Hotel Room Rate | 100% of Single occupancy rate | 100% of Single occupancy rate | 0% | Food | 50% All Food | 100% All Food included in Cruise Fare | 50% Optional A la Carte Dining | 0% | Entertainment | 50% All Entertainment | 100% All Entertainment included in Cruise Fare | 50% Any additional entertainment (i.e. Shore Excursions, Spa, etc.) | 0% | All NCF's | N/A | 100% | 0% | All Taxes (GET, Government Taxes and Fees), Hotel Taxes | 100% | 100% | 0% | Gratuities | 100% | 100% | 0% | Transportation / Airfare | 100% | 100% | 0% | Maximum deduction per participant per year | N/A | $2,000 | N/A |
*This data is being provided for information purposes only and should not be regarded as tax or legal advise for your reliance. Please consult your tax advisor regarding your specific situation. |
