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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 ...
Residents of Puerto Rico are required to pay most types of federal taxes. Specifically, residents of Puerto Rico pay customs taxes, [5] [6] [c] Federal commodity taxes, [6] and all payroll taxes (also known as FICA taxes, which include (a) Social Security, [8] (b) Medicare, [9] and Unemployment taxes). Puerto Ricans on the island paid over $4 ...
The Biden administration announced Thursday that it will pay $440 million to install solar panels in Puerto Rico. The Department of Energy (DOE) made the announcement Thursday, saying that the ...
More than 175 communities had applied for the funds, and Harris said the Biden administration will release another $100 million worth of grants later this summer. Biden has requested another $100 ...
The Authority for the Financing of the Infrastructure of Puerto Rico Spanish: Autoridad para el Financiamiento de la Infraestructura de Puerto Rico (AFI)— is a government-owned corporation of Puerto Rico that grants administrative and financial assistance to other Puerto Rico government-owned corporations in order to develop facilities and improve the infrastructure of Puerto Rico.
It also regulates transactions on the island by companies engaged in the sale of real estate located outside of Puerto Rico. The Rule of Ethics (Reglamento de Ética) is a regulation to implement Law No. 10 of April 26, 1994, the law to regulate the real estate business and profession of broker, salesperson, and real estate companies in Puerto ...
President Joe Biden announced $60 million for infrastructure improvements in Puerto Rico on Monday during a visit to survey devastation from Hurricane Fiona. "We have to ensure that when the next ...
Kamala Harris made her first visit to Puerto Rico as vice president as Biden’s campaign airs ads there in hopes of reaching voters on the U.S. mainland.