CPAs support tax reform bill for introducing ‘significant changes’
May 18, 2018
Puerto Rico’s School of Certified Public Accountants expressed its support of House Bill 1544, which proposes a new Tax Code for the island, saying it introduces “a number of significant changes in the rate of income tax for both individuals and corporations.”
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Banking sector says Tax Reform principles are ‘step in the right direction’
May 16, 2018
Members of Puerto Rico’s banking sector testified at a House hearing to analyze the new Tax Reform under review, saying its principles are “step in the right direction.”
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Retail Sales Assoc. lobbies for end of inventory tax as part of Tax Reform
May 15, 2018
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.
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