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:
“The purpose of this report is not only to highlight challenges but to catalyze solutions using data gathered directly from entrepreneurs themselves. It’s an invitation to act collectively to strengthen the ecosystem.”
— Lucy Crespo, CEO of the Puerto Rico Science, Technology and Research Trust, on Colmena66’s 2024 Interactive Report on the State of the Business Community in Puerto Rico
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