Op-Ed: Debt forgiveness and tax considerations
March 6, 2018
In upcoming years, the term “debt forgiveness” will become a common phrase among individuals, proprietorships, and businesses in Puerto Rico, but not for a good reason.
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PR gov’t will go broke Oct. 31 without $4B-$6B from U.S.
October 9, 2017
The government of Puerto Rico will go broke by Oct. 31 unless the U.S. Department of Treasury approves an injection of between $4 billion and $6 billion that the local Treasury Department has requested.
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Gov’t reports $649.4M in July revenue collections
August 21, 2017
Treasury Secretary Raúl Maldonado-Gautier announced that net revenues recorded to the General Fund in July, when Fiscal Year 2017-18 began, totaled $649.4 million.
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