Senate approves creation of sales tax-free zones in San Juan
May 7, 2019
The Puerto Rico Senate approved Senate Bill 1263 that would establish the “Sales and Use tax-free zones in the capital city of San Juan,” authored by Sen. Miguel Romero. The measure seeks to authorize the municipality to designate areas where, for a minimum initial term of three years to a maximum initial term of five […]
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Treasury collections fall $45.4M Y-O-Y in December
February 2, 2017
The Puerto Rico Treasury Department released Wednesday revenue collection numbers for December 2016 totaling $799.3 million, which represents a year-over-year decrease of $45.4 million.
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Treasury collections up 11.7% in October, at $700.1M
November 18, 2016
General Fund net revenues totaled $700.1 million in October, exceeding October 2015 revenues by $73.4 million, or 11.7 percent, and beating estimates by $74.5 million, or 11.9 percent.
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