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The Office of the Commissioner of Financial Institutions of Puerto Rico—in Spanish: Oficina del Comisionado de Instituciones Financieras (OCIF)—is an office of the Department of Treasury of Puerto Rico that supervises and regulates Puerto Rico's financial sector to ensure its safety and soundness, as well as to oversee a strict adherence to all applicable laws and regulations.
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 ...
Financial Oversight and Management Board for Puerto Rico (FOMBPR), colloquially known as La Junta de Control/Supervisión Fiscal is a government entity whose role to revise and approve the budget and obligations of the government of Puerto Rico was created by federal law PROMESA.
The Authority for the Financing of the Infrastructure of Puerto Rico Spanish: Autoridad para el Financiamiento de la Infraestructura de Puerto Rico (AFI)— is a government-owned corporation of Puerto Rico that grants administrative and financial assistance to other Puerto Rico government-owned corporations in order to develop facilities and improve the infrastructure of Puerto Rico.
The Puerto Rico Urgent Interest Fund Corporation (also known as the Puerto Rico Sales Tax Financing Corporation) —Spanish: Corporación del Fondo de Interés Apremiante (COFINA)— is a government-owned corporation of Puerto Rico that issues government bonds and uses other financing mechanisms to pay and refinance the public debt of Puerto Rico.
The National Foundation for Popular Culture —Spanish: Fundación Nacional para la Cultura Popular (FNCP)— is a non-profit organization focused on the popular culture of Puerto Rico. [ 1 ] The foundation seeks to advance the development of the Puerto Rican popular culture through the study, promotion and sponsorship of cultural events and ...
The Puerto Rico Department of Natural and Environmental Resources (DRNA) was created by Law Number 23 of June 20, 1972. The first head of the Department was Cruz Matos. [5] In 2016 the agency's headquarters where temporarily moved from the Cruz A. Matos building in Cupey due to problems with the ventilation. [6]
On December 17, 1866, Maria Christina of Austria signed a decree which authorized the auctioning of a railroad in Puerto Rico. [20] In 1888, Ivo Bosch y Puig, an engineer from Catalonia, received the concession to put the project in march. In Madrid, Bosch y Puig established the Compañía de los Ferrocarriles de Puerto Rico (lit.