P.R. businesses bracing for B2B tax hike in April
February 8, 2016
On April 1, Puerto Rico will adopt a Value Added Tax (VAT) system and the island's advertising industry will fall in line with other business sectors in paying a tax for services from which it ...
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Gov’t collects $26.4M from SUT on B2B in 4 months
February 8, 2016
Since going into effect last October, the Sales & Use Tax (SUT) on business-to-business (B2B) services has generated $26.4 million, the Puerto Rico Treasury Department reported.
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Telecom execs: Nixing B2B exemption could spike prices by 19.5%
May 22, 2013
Representatives from Puerto Rico’s telecommunications sector presented a united front Tuesday against the proposed elimination of the business-to-business tax exemption, saying “far from helping the island solve its fiscal problems, it will trigger a double-digit ...
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