Bill Finnecy News - The Waterways Journal

Tax Incentive Expands To Include All Jones Act Vessels

WJ Editorial

Tax Incentive Expands To Include All Jones Act Vessels

April 7, 2023

A little-noticed (so far) revision to the 1936 Merchant Marine Act that took effect in December has greatly expanded the scope of a tax-deferral program designed to encourage fleet owners to expand and modernize their… Read More

Statute Change Brings Tax-Deferred Funding Opportunity For U.S.-Flag Vessel Fleet Owners And Operators

April 7, 2023

By Bill Finnecy A significant Capital Construction Fund (CCF) statute was amended on December 23, 2022, allowing more U.S.-flag vessel owners and operators to potentially benefit from this unique tax… Read More