Puerto Rico Treasury Secretary Melba Acosta urged taxpayers and businesses to catch up on their tax debts during the amnesty period ending June 30, while announcing that starting July 1, the agency, in tandem with the Justice Department will be “much more active” in submitting tax evasion cases in court, especially those related to withheld taxes, either from employees or citizens who paid the sales and use tax.
The Puerto Rico Treasury Department reported Tuesday that net revenue General Fund collections for the month of May reached $612 million, exceeding by $15 million, or 2.6 percent, the collections on record for the same month in 2012.
Representatives from 26 professional organizations from a cross-section of Puerto Rico’s economy, as well as thousands of businesses and workers, on Monday asked Gov. Alejandro García-Padilla and his administration for “transparency” and inclusion in the decision-making process to find solutions to the island’s precarious fiscal situation.
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