Tag Archives: tax

Tax Incentive Association Launches to Promote Puerto Rico

It is wonderful that the smart politicians are promoting incentives to make Puerto Rico an engine for job growth as this will allow more opportunities for Puerto Ricans to not only improve their skills, but also to earn higher salaries.  … Continue reading

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A Real Municipal Reform – An exchange on boosting municipal economies

So what are the 17 unnamed well-managed municipalities in the article??? https://www.theweeklyjournal.com/opinion/opinion-a-real-municipal-reform/article_7263a78a-a51b-11ea-8082-d72a258a6f3b.html [OPINION] A Real Municipal Reform An exchange on boosting municipal economies Edgardo Vicenty, Entrepreneur and Financial Analyst | Manuel Cidre, Founder of Los Cidrines Jun 3, 2020   … Continue reading

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France’s Reckoning: Rich, Young Flee Welfare State; Sounds Familiar to What is Happening in Puerto Rico

Who will be left in Puerto Rico if politicians drive off the rich, the entrepreneurs, the investors, the ones who are the ones most responsible for job creation?  The politicians, the government workers, and people on welfare will remain.  Yet … Continue reading

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FCC review of proposed municipal tax on telecommunications sought

FCC review of proposed municipal tax on telecommunications sought FCC review of proposed municipal tax on telecommunications sought By José Alvarado Vega on June 11, 2020 Photo by Campaign Creators on Unsplash Industry group calls levy a ‘flagrant violation’ of … Continue reading

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Covid-19 May Cost Puerto Rico $2 Billion in Taxes, Board Says

https://www.bnnbloomberg.ca/covid-19-may-cost-puerto-rico-2-billion-in-taxes-board-says-1.1436312 Covid-19 May Cost Puerto Rico $2 Billion in Taxes, Board Says Jim Wyss, Bloomberg News The Capitol Building is seen past walls in the Old City of San Juan, Puerto Rico. Photographer: Christopher Gregory , Bloomberg   (Bloomberg) — … Continue reading

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Puerto Rico is shovel-ready for the COVID-19 recovery

https://thehill.com/opinion/finance/497415-puerto-rico-is-shovel-ready-for-the-covid-19-recovery Puerto Rico is shovel-ready for the COVID-19 recovery By Jorge Heine and Kevin P. Gallagher, opinion contributors — 05/13/20 05:00 PM EDT 43 The views expressed by contributors are their own and not the view of The Hill © … Continue reading

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Puerto Rico governor Wanda Vazquez is killing the golden goose, by gouging Individual Investors who are responsible for investing billions in Puerto Rico and hiring thousands of Puerto Ricans for higher paying jobs

The Law to Encourage the Transfer of Individual Investors to Puerto Rico, previously known as Law 22-2012, was a great law when first passed in 2012.  However, the Puerto Rican governor Governor Wanda Vazquez last week raised the requirements to … Continue reading

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Continued Shortage of Hand Sanitizers, Antibacterial Wipes Expected Amid Global Demand – Illustrates Another Good Reason to Eliminate Inventory Tax Permanently

Puerto Rico should eliminate the inventory tax since it discourages companies in PR from keeping more products in their warehouses.  This is even more important on an island where it takes far longer time to replenish stock due to long … Continue reading

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How Puerto Rico got into its current financial mess

https://www.miamiherald.com/news/business/biz-monday/article64452617.html How Puerto Rico got into its current financial mess BY JOHN McPHAUL Special to the Miami Herald March 06, 2016 02:00 PM   A man drinks a beer in a local bar as he watches Puerto Rico’s governor Alejandro … Continue reading

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Pharmaceutical industry: Eyes on Puerto Rico – To reduce overdependence on China for drug supply, increase production in PR with tax incentives

  https://www.elnuevodia.com/english/english/nota/pharmaceuticalindustryeyesonpuertorico-2551776 Pharmaceutical industry: Eyes on Puerto Rico Discussion on new incentives to increase the production of pharmaceuticals on the island after the crisis in China revives Tuesday, March 10, 2020 – 9:04 AM By José A. Delgado The federal … Continue reading

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