Washington D.C.-based The Daily Caller on Tuesday zeroed in on the recently passed 4 percent tax on foreign corporations, saying it is has the makings of an "indirect bailout," as Fortuño administration officials seek to ...
The U.S. Department of Treasury has yet to issue a decision on whether foreign companies doing business in Puerto Rico will be allowed to take a credit for the excise tax imposed through Law 154, ...
No sooner had the local government signed off on a new law approving a 4 percent tax on controlled foreign corporations this week, that a stateside organization saw an opening to begin luring local manufacturing ...