Film Industry fund exhausts full $38M FY22 tax credit budget on 4 projects
June 29, 2021
The Department of Economic Development and Commerce’s (DDEC, in Spanish) Film Industry Development Program has already assigned the full $38 million in tax credits available for Fiscal 22 to just four productions, before the start of the ...
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Espacios Abiertos sues P.R. gov’t for information on tax incentives
November 7, 2018
Nonprofit organization Espacios Abiertos asked the San Juan Superior Court to enforce Puerto Rico’s constitutional right to access to information.
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Proposed tax incentives add ‘layer of complexity’ to P.R.’s difficulties
August 7, 2018
The government’s attempt to overhaul Puerto Rico’s tax code into an easy-to-monitor regime “adds yet another layer of complexity” to the island’s already complicated situation.
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