While commending the current administration’s “follow-through” attitude toward the cruise ship industry, Michele Paige, president of the Florida Caribbean Cruise Association said Puerto Rico has a lot to gain from the trade group’s upcoming 18th annual conference happening in San Juan in October.
Two days after ratings agency A.M. Best downgraded its ratings, National Life Insurance Company announced its operational results for the first six months ended June 30, reporting $4.5 million in net revenue.
The Private Sector Coalition is looking to create a multi-sectoral working committee to ask Congress to amend Section 243 of the U.S. Internal Revenue Code, so that corporations established in Puerto Rico can benefit from the same special tax rates given to domestic companies operating stateside.
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