US Dept. of Treasury grants 1-year transition period for taxpayers under Act 154
December 30, 2021
The US Department of Treasury and the IRS released the final regulations related to the Foreign Tax Credit under Act 154, which grants an additional transition year to taxpayers who currently pay under that tax system, Puerto Rico Treasury Secretary Francisco Parés confirmed. “The provisions in the regulations, regarding Puerto Rico, are the product of […]
chat_bubble0 Comment
visibility1932 Views
Op-Ed: Oversight Board includes arbitrary Act 154 assumptions in Fiscal Plan
December 5, 2018
Instead of using the most probable assumptions based on actual past results, the Oversight Board relied on untested assumptions which in combination arrive at extremely low expected revenue numbers for its projections.
chat_bubble0 Comment
visibility1457 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
