182K ex-Centennial clients to split $1M in suit settlement
June 11, 2014
A group of 182,442 customers of the defunct Centennial de Puerto Rico will be splitting about $1 million after winning a class-action suit against the carrier that is now part of AT&T Puerto Rico over improperly collected municipal tax fees from July 2009 to December 2009.
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Treasury says Doral not entitled to $230M tax refund
May 16, 2014
Following a “deep analysis,” the Puerto Rico Treasury Department denied Doral Financial Corp.’s request for a refund of $230 million it claims to have overpaid in taxes, voiding an agreement struck in March 2012.
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Groups weigh in on government revenue shortfall
May 15, 2014
Two of the island’s largest private-sector trade groups, the Puerto Rico Chamber of Commerce and the CPA Society, weighed in Wednesday on the possible reasons for the $442 million revenue shortfall the Treasury Department reported for the month of April.
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