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Cruise operators have historically benefitted from loopholes that allowed them to avoid paying corporate taxes.

Cruise operators have historically benefitted from loopholes that allowed them to avoid paying corporate taxes.
Photo: Gerard Bottino/SOPA Images/LightRocket (Getty Images)

Cruise operator stocks are sinking Thursday after a top U.S. official pledged to force them to pay taxes.

While speaking with Fox News on Wednesday evening, newly-confirmed Commerce Secretary Howard Lutnick suggested the federal government would order a crackdown on taxes paid by cruise operators.

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2025-02-22 14:00:01

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