Puerto Rico revenues up $190M in Dec., IVU falls short
January 10, 2014
Puerto Rico Treasury Secretary Melba Acosta released Thursday preliminary revenue numbers for December, totaling $913 million, up by $190 million, or 26 percent, compared to last year.
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Puerto Rico Treasury steps up efforts against tax evasion
November 14, 2013
The Puerto Rico Treasury Department has referred three tax evasion cases to the Justice Department against corporations who failed to pay more than $3.6 million, Treasury Secretary Melba Acosta said Wednesday.
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Puerto Rico gov’t projects 17% revenue growth in FY ’14
October 16, 2013
Puerto Rico government officials told investors Tuesday that the Commonwealth's Fiscal 2014 General Fund budget revenue will grow by $1.7 billion, or 17 percent, largely due to new tax measures, amendments to Law 154 and an expansion of the Sales and Use Tax (IVU, as it is known in Spanish) base.
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