Eventually if you want quality journalism, readers will have to pay for it. News outlets that rely solely on digital advertising revenue will not be able to sustain their business model much longer.
We all learned this week, with considerable shock, that the Financial Oversight and Management Board for Puerto Rico has spent, during the course of just 10 months, the incomprehensible sum of $31 million out of our sad pockets.
Of all the atrocious ideas I have heard in the past few years, and there have been plenty, none is more poisonous and counterproductive than the announcement that the Treasury Department is planning to significantly increase taxes to self-employed people.
To many of my generation, MTV became the surrogate to our stereo system and it pointed the direction into the evolution of how we listened and enjoyed music.
For several years, the concept of unlimited internet in the mobile phone market has been used aggressively to attract clients.
If Puerto Rico thinks bankruptcy is a better solution, they have a rude awakening coming. One should look no further than the Puerto Rico Electric Power Authority’s (PREPA) pending bankruptcy.
The Puerto Rico Consortium for Clinical Investigation, a nonprofit collaborative of 22 research centers across Puerto Rico, is an initiative created by the Puerto Rico Science Trust to fulfill a critical mission.
In the midst of Puerto Rico’s most severe social, political, and economic crisis in its modern history, a public institution shines brightly to help develop the economy by advancing science and technology.
Sports are a highly profitable business enterprise, with Forbes Magazine recently confirming “the sports market in North America was worth $60.5 billion in 2014. It is expected to reach $73.5 billion by 2019.”
In Puerto Rico we have focused so much on the Puerto Rico Oversight, Management and Economic Stability Act (PROMESA) that we seem to have forgotten that we are part of a much larger economy beyond our 100x35 and that what happens there has an impact on us.
Imagine that the Puerto Rico Commission for the Comprehensive Audit of the Public Credit is operating and that it calls for public hearings.
As a general rule, income received by a person resident in Puerto Rico is subject to Puerto Rico income taxes, which is paid by means of income tax withholding or by filing an income tax return.
Taxation is far from being the most exciting part of your freelancing business. As a matter of fact, it is a very dull, boring, time-consuming, frustrating and expensive part of your life.
Last week I participated in the Technology Panel of the Debunking Myths About Puerto Rico Conference at the Massachusetts Institute of Technology.
Generally, those responsible for withholding are called “withholding agents.” This means any person that is bound to deduct and withhold any tax on income payments pursuant to the provision of the Puerto Rico Internal Revenue Code.
NIMB ON SOCIAL MEDIA