Puerto Rico Gov. Alejandro García-Padilla, publicly expressed his full support to the Puerto Rico Medicare Coalition for Fairness’ efforts aimed at repairing disparities in Medicare funding to the island during the Puerto Rico Chamber of Commerce’s 2014 Health and Insurance conference that took place this week at the Condado Plaza Hilton hotel.
It is the question on everyone’s mind: How can we create wealth within the framework of Puerto Rico’s current economic situation? But why don’t we ask instead, How do we create wealth in Puerto Rico with our collective knowledge?
Some companies from the U.S. mainland operate in Puerto Rico directly vs. through Controlled Foreign Corporations. They pay federal income tax on their territorial income at the normal 35 percent rate.
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
