Treasury shores up $1.2B in April, reports 4% jump in May sales tax collections
June 5, 2012
Net revenue making its way to the Puerto Rico government’s General Fund exceeded $1.2 billion in April, with personal and corporate income tax collections representing 69 percent, or $830 million of the month’s total, agency ...
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Doral Bank writes off $200M in overpaid P.R. taxes, stock soars 21%
April 3, 2012
Doral Bank has reached a deal with the Treasury Department regarding $200 million in overpaid taxes that the bank will now write off in its books as a prepaid expense.
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Treasury: General Fund collections up 16.8% in February
April 2, 2012
General Fund net revenue totaled $674 million in February, an increase of $97 million or 16.8 percent, when compared with February 2011.
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