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.
The Global Advertising Lawyers Alliance (“GALA”) has added the Puerto Rican law firm Ferraiuoli LLC as a new member, effective Feb. 15. GALA is the leading network of advertising lawyers in the world.
The question for all digital business people always beckons. Should I learn Web coding and how much?
MSO of Puerto Rico Inc. President Raúl F. Montalvo announced the appointment of two executives to senior positions in the company:
Most manufacturing in Puerto Rico is done by subsidiaries of companies based in the States organized in foreign tax havens to avoid Commonwealth as well as federal taxes. Income of the subsidiaries is not federally taxed unless transferred to the parent company, when it would then owe the 35 percent corporate income tax rate.
Delta Air Lines will become the first U.S. global carrier to transition its SkyMiles frequent flyer program to one based on ticket price starting Jan. 1, 2015.
Wireless carrier AT&T announced Tuesday two new offers for international messaging and direct dial calling from the U.S., which seek to “deliver more value to customers who want to connect with family, friends and coworkers living abroad,” the company said.
U.S. Customs and Border Protection, U.S. Department of Agriculture, and the Florida Department of Agriculture and Consumer Services, joined in announcing Tuesday the implementation of the international Travelers Don’t Pack a Pest outreach program, a multi-agency initiative. The announcement was made at the Cyril E. King Airport in the U.S. Virgin Islands.
Amidst a long lasting recession, Medicare program benefits in Puerto Rico re suffering the largest funding cuts in the United States, estimated at $700 million since the Affordable Care Act began to be implemented in 2011, healthcare leaders from the Puerto Rico Medicare Coalition for Fairness said Monday.
Acrecent Financial Corporation recently announced the completion of a capital raising transaction to expand its footprint in Central America, Dominican Republic, Colombia and Mexico.
Puerto Rico needs to make "clear demands" to the U.S. government regarding what is needed to pull through its present difficulties, including requesting more flexibility with the Jones Act, a legislation that is also hurting Hawaii.
Many social media platforms are fast becoming ever more useful for professional business people.
Founded by World War II Veteran Conrad Hilton, Hilton Worldwide has a long standing history of hiring veterans, and has taken on the task of hiring 10,000 veterans over the next five years.
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