Gov’t mulling at least 6 hybrid tax structure alternatives
May 14, 2015
Lawmakers and members of the executive branch gathered at the Puerto Rico Convention Center today are said to be considering six different scenarios that would combine a hybrid structure of a sales and use tax ...
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Senate OKs excise tax exemption for electric, hybrid cars
April 25, 2014
The Puerto Rico Senate passed legislation Thursday that exempts electric-powered vehicles from excise taxes as established by Senate Bill 884, which proposes the "Act for the Promotion of Vehicles Powered Mostly by Electricity.”
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Treasury wants cigarette excise revenue to go straight into the General Fund
May 13, 2013
Puerto Rico Treasury Department officials told lawmakers Friday that collections stemming from the proposed increase in the excise tax on cigarettes and tobacco should go in their entirety to the General Fund and not distributed ...
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