As a general rule, income received by a person resident in Puerto Rico is subject to Puerto Rico income taxes, which is paid by means of income tax withholding or by filing an income tax return.
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QUOTE OF THE WEEK:
“There’s a lot of appetite for developing fintech in Puerto Rico. It’s booming here.”
— Héctor Jirau, executive director of Parallel18, the business acceleration program of the Puerto Rico Science, Technology and Research Trust
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