House Speaker raises red flags on tax reform issues
February 19, 2015
House Speaker Jaime Perelló told Treasury Department officials during a hearing Wednesday that they need to “go back to the table” on certain aspects of the proposed tax reform, including the frequency with which consumers ...
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Governor proposes overhaul of Puerto Rico tax structure
February 11, 2015
Puerto Rico Gov. Alejandro García-Padilla offered a televised speech Tuesday in which he outlined his proposal for overhauling the island’s current tax system to what he described as a “simpler and fair one.”
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Economist: VAT could lead to uncertainty, high inflation
February 2, 2015
The implementation of a value-added tax system in Puerto Rico to replace the current sales tax structure could have a number of consequences — from uncertainty to high inflation to lower than expected fiscal revenue ...
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