High Sea Robbery

Carnival Corporation, owner of Carnival and Princess lines, wants to commit high sea robbery.  These petri dishes of the sea, pay nothing to you and me.  Below is a section from their financial filing know as a 10K.  They claim to be exempt from U.S. Taxes. Additionally all their ships fly foreign flags, and virtually no Americans work in their crews.  So if they pay no taxes to us, we should pay no tax payer funded bailout to them.

XX. Taxation
A summary of our principal taxes and exemptions in the jurisdictions where our significant operations are located is as follows:
a. U.S. Income Tax
We are primarily foreign corporations engaged in the business of operating cruise ships in international transportation. We also own and operate, among other businesses, the U.S. hotel and transportation business of Holland America Princess Alaska Tours through U.S. corporations.
Our North American cruise ship businesses and certain ship-owning subsidiaries are engaged in a trade or business within the U.S. Depending on its itinerary, any particular ship may generate income from sources within the U.S. We believe that our U.S. source income and the income of our ship-owning subsidiaries, to the extent derived from, or incidental to, the international operation of a ship or ships, is currently exempt from U.S. federal income and branch profit taxes.
Our domestic U.S. operations, principally the hotel and transportation business of Holland America Princess Alaska Tours, are subject to federal and state income taxation in the U.S.