Treasury cuts collections deficit through June by 69%
May 23, 2013
Treasury Secretary Melba Acosta said Thursday that revenue collections so far this year — July 2012 through April 2013 — totaled $6.8 billion, or $321 million less than originally included in the general budget. The ...
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Banking, Insurance commissioners defend budget requests
May 21, 2013
The Puerto Rico Financial Institutions and Insurance commissioners defended their respective budgets during a hearing before the Senate Finance Committee Monday, when they requested $15.2 million and $10.8 million, to run their respective agencies.
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Treasury outlines IVU enforcement, automation strategies
May 20, 2013
The Puerto Rico Treasury Department is currently working on a number of enforcement and automation initiatives to increase the island’s sales and use tax uptake from the current 68 percent while attacking the government’s fiscal ...
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