A recent study by the firm Estudios Técnicos, paid by Jones Act shippers, purports to show the benefits for Puerto Rico of the Jones Act. The federal law requires all goods transported by water between U.S. ports be carried in U.S.-flag ships, built in the U.S. and crewed by U.S. citizens and permanent residents. The analysis, as described by a local business publication, makes for sad reading.
Ana Mari Toro moved to Atlanta a year ago along with her husband, Eduardo, an ob-gyn, and their three children. While on vacation in Puerto Rico recently, she had a bad customer service experience at the largest mall cinema complex. After waiting in line for nearly half hour for an order, neither the employee, nor the manager could fulfill her request: nachos with cheese on the side and popcorn.
Technology has key effects on business operations in Puerto Rico today more than ever, especially in the start-up business and entrepreneur’s arena. No matter the size of the enterprise, technology has both tangible and intangible benefits that will help produce the results that customers demand.
After the long-awaited and much-touted arrival to the local market, IKEA, the Swedish/Dutch company founded by Ingvar Kamprad in 1943, opened its first store in Puerto Rico in Bayamon, last week. The concept unveiled is modeled after the one in the Canary Islands, Spain and the Dominican Republic, called an “IKEA Point” (Punto IKEA).
Parranda.org, a nonprofit created to help unite the “Greater Puerto Rico” — the 4.6 million in the states, an unknown number living in foreign countries, and the 3.7 million that remain in Puerto Rico — held a summit last week in which nearly 100 attendees from all walks of life produced a myriad of ideas to improve Puerto Rico, its economy and its collective life.
I met Luis Rodríguez-Báez thanks to Carmen Otero. That meeting, sparked a spontaneous admiration in me that few people provoke.
The main problem with the “national brand” that we have tried to develop is that we ourselves have sabotaged it. Many initiatives have been rejected for the sake of the continued polarization of forces distilled in circles demanding foolish leadership roles.
If Senate Bill 400, granting the Puerto Rico Products Association exclusive rights to manage the “Hecho en Puerto Rico” brand is approved, I would probably have to pay the Association some sort of fee for using said “brand” in my headline and surely ask their permission to use it.
Local organizations still have a chance to participate in this year’s edition of “Puerto Rico’s Best Employers,” a distinction earned by those who excel in achieving and maintaining a balance between corporate goals and employee’s value.
La Cuenta de Ahorro para la Jubilación Individual, más conocida como IRA, es una de las pocas opciones que ofrece el Código de Rentas Internas de Puerto Rico como mecanismo de refugio fiscal para obtener desgravaciones al presentar la declaración de la renta. Además, la IRA promueve la creación de un fondo privado e individual para la eventual jubilación del titular de la cuenta.
Ask anyone who has just returned from a trip how it went and, without fail, one of the first comments will be their impression of how they were treated in the country they visited.
La Ley 1 del 31 de enero de 2011, también conocida como el Código de Rentas Internas para un Nuevo Puerto Rico (en adelante, el “Nuevo Código”), sustituye al Código de Rentas Internas de 1994, en su versión modificada. Este Nuevo Código modifica y añade nuevas disposiciones a la anteriormente conocida Sección 1165, relacionada con los planes de pensiones de Puerto Rico (ahora Sección 1081.01). Este artículo se refiere específicamente al Capítulo 8 — Fideicomisos y sucesiones, Subcapítulo A — Fideicomisos de empleados.
The proposed amendments to the main public sector retirement system are as decisive as the crisis requires. However, the distribution of the burden is inappropriate because they represent little sacrifice on the part of the pensioners and a lot of sacrifice on the part of Puerto Rico's younger population.
Newspaper headlines and radio and TV news reports have become a definitive recipe for depression. As a matter of fact, I can’t watch the evening news unless I want to guarantee my usual insomnia. Furthermore, these articles and stories have made me realize that Puerto Rico has become “bizarre” country, an unforgiving “La-la land.”
The tax season is again upon us, and with it, as taxpayers, we begin to wonder how much tax we are going to pay. Some of you might have done some preliminary calculations based on your expected income and based on the transactions that took place during the year.
NIMB EN LAS REDES SOCIALES