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2. Taxation in Puerto Rico - Wikipedia

   en.wikipedia.org/wiki/Taxation_in_Puerto_Rico

   [16] [17] The IRS does not require individuals or households below the poverty threshold to pay federal income tax. Puerto Rico residents pay more in federal income taxes every year than do residents of six U.S. states: "From 1998 up until 2006, when Puerto Rico was hit by its present economic recession, Puerto Rico consistently contributed ...

3. Internal Revenue Code (Puerto Rico) - Wikipedia

   en.wikipedia.org/wiki/Internal_Revenue_Code...

   The Internal Revenue Code of Puerto Rico (Spanish: Código de Rentas Internas de Puerto Rico) is the main body of domestic statutory tax law of Puerto Rico organized topically, including laws covering income taxes, payroll taxes, gift taxes, estate taxes, and statutory excise taxes. [1]

4. Paycheck Protection Program - Wikipedia

   en.wikipedia.org/wiki/Paycheck_Protection_Program

   President Trump signs the Paycheck Protection Program and Health Care Enhancement Act (H.R. 266), April 24, 2020. The Paycheck Protection Program (PPP) is a $953-billion business loan program established by the United States federal government during the Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self ...

5. House Democrats press IRS on probe into Puerto Rico tax ...

   www.aol.com/house-democrats-press-irs-probe...

   Under provisions known to residents on the island as Act 22, the law's original name, individual investors who haven't previously lived in Puerto Rico between 2006 and 2012 can get a 0% tax rate ...

6. Do Puerto Rico tax breaks displace locals to benefit the ...

   www.aol.com/news/puerto-rico-tax-breaks-displace...

   Meanwhile, data from the latest Puerto Rico tax expenditure report shows that the island has lost an estimated $2.2 billion in tax revenues related to Act 22 since 2017. For Act 20, revenue losses ...

7. How Much To Take Out of Your Paycheck To Ensure a Tax ... - AOL

   www.aol.com/finance/much-paycheck-ensure-tax...

   Those include having multiple jobs (Step 2(b) of Form W-4), Step 3 for claiming dependents, and Step 4, which includes other income, such as dividends and retirement income.

8. Paycheck Protection Program and Health Care Enhancement Act

   en.wikipedia.org/wiki/Paycheck_Protection...

   Provisions of the Paycheck Protection Program and Health Care Enhancement Act include the following. Appropriates an additional $320 billion of funding for the Paycheck Protection Program, which provides low-interest loans for payroll costs and other expenses to small businesses that are forgivable under certain circumstances. [19]

9. Tax Breaks Draw Buyers To Puerto Rico As $20 Million ... - AOL

   www.aol.com/tax-breaks-draw-buyers-puerto...

   Puerto Rico's Act 60 is driving its luxury real estate boom. This tax incentive program offers U.S. mainlanders who relocate a 15-year tax break, including a 4% fixed income tax rate and up to a ...