PRHTA blasts Tourism Co.’s ‘unrealistic stance’ on VAT
February 23, 2015
The Puerto Rico Hotel and Tourism Association blasted the Tourism Co.’s stand on the proposed value-added tax structure the government is proposing as part of a comprehensive tax reform, saying the agency should “evaluate all aspects that will affect the hospitality industry.”
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Op-Ed: ‘Mr. Governor, your strategy hurts’
February 13, 2015
Your speech hurts. Your government strategy hurts. Your tax reform hurts.
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Economist: VAT could lead to uncertainty, high inflation
February 2, 2015
The implementation of a value-added tax system in Puerto Rico to replace the current sales tax structure could have a number of consequences — from uncertainty to high inflation to lower than expected fiscal revenue — that have yet to be publicly discussed, economist firm H. Calero Consulting said in its most recent “Economic Pulse” publication.
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