During a meeting Monday between retailers and merchants and Rep. Antonio Soto, chairman of the House Finance Committee, it was agreed that the tax has to be voided.
This tax limits the availability of basic necessities and supplies in general in the stores, and it harms the population's ability to face any crisis.
Less than a month before the start of this year’s hurricane season, the Retail Sales Association once again urged the government to eliminate the tax on inventories as part of the Tax Reform being crafted for Puerto Rico.