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Taxation in Puerto Rico consists of taxes paid to the United States federal government and taxes paid to the Government of the Commonwealth of Puerto Rico.Payment of taxes to the federal government, both personal and corporate, is done through the federal Internal Revenue Service (IRS), while payment of taxes to the Commonwealth government is done through the Puerto Rico Department of Treasury ...
Compañía de Comercio y Exportación: CCE: Industrial development: Tourism Company: Tourism: Compañía de Turismo: Turismo: Travel and leisure: Training and Work Enterprises Corporation: PRTWEC: Corporación de Empresas de Adiestramiento y Trabajo: CEAT: Education: University of Puerto Rico: UPR: Universidad de Puerto Rico: UPR: Education
The Internal Revenue Code of Puerto Rico (Spanish: Código de Rentas Internas de Puerto Rico) is the main body of domestic statutory tax law of Puerto Rico organized topically, including laws covering income taxes, payroll taxes, gift taxes, estate taxes, and statutory excise taxes.
In addition to Members of Congress, fifteen non-governmental organizations including NRDC, GRID Alternatives, Community Foundation of Puerto Rico, Environment America, and the League of Conservation Voters all wrote a letter to President Biden asking that he appoint new commissioners to FOMB's board who would protect rooftop solar and storage ...
The Puerto Rico Department of Treasury (Spanish: Departamento de Hacienda de Puerto Rico) is the executive department of the government of Puerto Rico responsible for the treasury of the U.S. Commonwealth of Puerto Rico. It is one of the constitutionally-created executive departments and is headed by a Secretary. [1]
Act 22 of 2012 —also known as the Act to Promote the Relocation of Investors to Puerto Rico (Spanish: Ley para Incentivar el Traslado de Inversionistas a Puerto Rico)— is an act enacted by the 16th Legislative Assembly of Puerto Rico that exempts local taxes on certain passive income generated by individuals that reside in Puerto Rico.
The Municipal Finance Corporation —Spanish: Corporación de Financiamiento Municipal (COFIM)— is a government-owned corporation of Puerto Rico that issues government bonds and uses other financing mechanisms to pay or refinance, directly or indirectly, in whole or in part, the debts of the municipalities of Puerto Rico payable or backed by the Puerto Rican municipal sales and use tax. [1]
The Puerto Rico State Insurance Fund Corporation —Spanish: Corporación del Fondo del Seguro del Estado (CFSE)—is a government-owned corporation of Puerto Rico that provides workers' compensation in Puerto Rico.