Treasury surpasses projections by $1.01 billion, driven by excise taxes and corporate income. #NewsismyBusiness
Several findings from the audited financial statements of the Government of Puerto Rico were discussed at the meeting organized by the Legislative Assembly’s Budget Office. #NewsismyBusiness
Puerto Rico Gov. Wanda Vázquez announced a proposed $10.2 billion budget for the Commonwealth’s General Fund for Fiscal Year 2021. In her State of the Commonwealth and Budget address, she also proposed a consolidated budget of $28.2 billion that includes funds generated by a number of public agencies for the fiscal year that begins July […]
It has been a little over a year since Hurricane Maria fractured Puerto Rico’s infrastructure and its demographic and economic landscape.
The Puerto Rico Treasury Department announced Thursday it has issued a circular letter to guide retailers and service providers on changes in the Sales and Use Tax (IVU, by its initials in Spanish) exemption between business services, or "B2B", which took effect July 1.
Public expenses have been kept under projections during the first nine months of the current fiscal year, the fourth consecutive year the administration has managed its finances according to what was budgeted, a government official said Monday.
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