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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Puerto Rico Treasury launches 1st IVU tax amnesty
May 13, 2013
Puerto Rico individual and corporate taxpayers who have a sales and use tax (known as IVU for its initials in Spanish) debt with the Treasury Department will be able to pay without penalty through a ...
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Treasury wants cigarette excise revenue to go straight into the General Fund
May 13, 2013
Puerto Rico Treasury Department officials told lawmakers Friday that collections stemming from the proposed increase in the excise tax on cigarettes and tobacco should go in their entirety to the General Fund and not distributed ...
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