Treasury ‘ready’ to handle sales tax rate increase
June 24, 2015
The Puerto Rico Treasury Department is prepared to handle the change rate of the Sales and Use Tax to 11.5 percent, from the current 7 percent, when it goes into effect July 1, agency Secretary Juan Zaragoza said Tuesday.
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Puerto Rico Treasury: Dec. revenue at $854M
January 16, 2015
The Puerto Rico Treasury Department said Friday that collections for December 2014 totaled $854 million, or $71.2 million less than the same month in 2013, and $64 million below projections.
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Treasury: General Fund collections up 16.8% in February
April 2, 2012
General Fund net revenue totaled $674 million in February, an increase of $97 million or 16.8 percent, when compared with February 2011.
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Treasury cuts $28.7M in refund checks to 31K taxpayers
March 12, 2012
The Treasury Department is keeping up the pace in processing this year’s tax returns, reimbursing more than $28.7 million to 31,494 taxpayers who have filed their planillas well ahead of this year’s April 17th deadline, agency Secretary Jesús Méndez said.
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Treasury collections up 9.3% in October, Law 154 shores up $172M
December 6, 2011
General Fund gross revenue collections increased 9.3 percent to $638 million in October, or $54 million more in comparison to the total for the same month in 2010, Treasury Secretary Jesús F. Méndez said Monday.
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Treasury mails 5K taxpayer debt notices
December 2, 2011
In accordance with the recently approved Law to Strengthen Safety and Public Health, the Treasury Department mailed Thursday 5,000 debt notices and will continue the practice through the rest of the month, agency chief Jesús Méndez said.
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Less than 1/3 of IVU Loto winners have claimed their prizes
August 29, 2011
In the first nine months since the government launched its IVU Loto system, only 20 sweepstakes winners have claimed their prizes, taking home about 3 percent of the $630,000 up for grabs, Treasury Department numbers show.
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CNE: Treasury’s revenue collections estimates no sign of economic improvement
July 15, 2011
The Treasury Department’s preliminary year-end General Fund report released Wednesday showing an uptick in revenue collections may not necessarily be a sign of real economic improvement, the Center for the New Economy said Thursday upon analyzing the results.
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Treasury: March revenue collections reach $746M
May 5, 2011
Government revenue collections totaled $746 million in March, a figure that is 10.1 percent, or $69 million over the same month the prior year, the Treasury Department said Thursday.
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