In a letter sent Wednesday to Puerto Rico lawmakers, Virginia-based trade group Retail Industry Leaders Association members warned that a proposed gross receipts tax amendment would have “devastating effects” for retailers doing business on the island.
Senators Ramón Luis Nieves and José Nadal-Power announced Tuesday the filing of Bill 655 to promote "creative industries" in Puerto Rico, as a means of creating jobs and wealth.
Citing a study that concluded that legalizing slots in places other than casinos could represent multimillion losses for the industry and the government, as well as the elimination of hundreds of jobs, the Puerto Rico Hotel and Tourism Association blasted Tuesday a proposal by Rep. Rafael “Tatito” Hernández to get those machines online.
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