Sometimes we can’t help but antagonize those big corporations. Those long-standing enterprises with their rigid business models and traditional corporate culture.
Two of the island’s largest private-sector trade groups, the Puerto Rico Chamber of Commerce and the CPA Society, weighed in Wednesday on the possible reasons for the $442 million revenue shortfall the Treasury Department reported for the month of April.
An estimated 2,867 Puerto Rico corporations got the opportunity to bring their State Department records current without facing penalties during a two-month waiver period the agency granted through April 15, Secretary David Bernier said Wednesday.
Puerto Rico corporations that close their books based on the calendar year, have until Friday (Oct. 25) to pay their estimated taxes, as per the recently enacted amendments to Law 117, Treasury Secretary Melba Acosta said Monday.
The Puerto Rico State Department has a backlog of about 20,000 trademark and corporation registration applications pending review, which it is looking to eliminate this year, Secretary of State David Bernier said Tuesday.
As part of the final phase of the Corporations Registry digitization project, Secretary of State Kenneth McClintock announced Wednesday the start of a five-month grace period so that companies with past-due annual reports can become current.
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