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Stories that are tagged 'Puerto Rico'

	USVI, Puerto Rico Look For Rum 'Cover Over' Extension 4/24/2012 Legislation has been introduced into both the United States Senate and the House of Representatives to extend the 'cover over' of the excise tax on rum for Puerto Rico and the US Virgin Islands.
	Bill To Extend US Social Security To Puerto Rico 1/30/2012 Puerto Rico’s Resident Commissioner, Pedro Pierluisi, has introduced proposed legislation into the United States Congress that looks to extend the Supplemental Security Income programme to Puerto Rico, as well as to Guam, the US Virgin Islands and American Samoa.
	IRS Provides Tax Relief To Hurricane Victims 9/5/2011 The United States Internal Revenue Service is providing tax relief to individual and business taxpayers impacted by Hurricane Irene.
	Microsoft Cuts Effective Tax Rate 8/2/2011 Microsoft, in its Form 10-K filing with the Securities and Exchange Commission, has disclosed that its effective rate of taxation during that year was 17.5%; exactly one-half of the United States federal statutory corporate tax rate of 35%.
	Puerto Rico Requests Full Child Tax Credit 7/12/2011 Puerto Rico’s Resident Commissioner, Pedro Pierluisi, has introduced a bill into the United States House of Representatives to extend the refundable portion of the child tax credit - often referred to as the additional child tax credit – for families on the island.
	US Bills Introduced To Restrict Use Of Rum Taxes 5/24/2011 In the wake of the agreement between the US Virgin Islands and Diageo to use up to USD2.7bn of the returned federal excise tax on rum sold in the United States, bills have been re-introduced in both the Senate and the House of Representatives to try and ensure that those tax funds are only used for public services.
	Irish Tax Credits Remain Attractive 5/10/2011 Seán Sherlock, Ireland's Minister for Research and Innovation has commented on a new survey which analyses trends in the uptake of the Irish government's Research and Development tax credit.
	Puerto Rico In Pension Funding Crisis 5/6/2011 The effect on Puerto Rico’s future financial position of its need for additional pension funding was said to be responsible for a threat from Moody’s Investors Service that the current A3 credit rating on its general bond obligations could be downgraded.
	Puerto Rican Tax Deductible In US, For Now 4/4/2011 The Internal Revenue Service has issued a preliminary notice stating that it will not challenge a United States corporate taxpayer’s position that Puerto Rico’s temporary 4% excise tax be allowable as a credit against its federal tax liability.
	Fortuno Plugs Puerto Rico's Fiscal Plan 3/27/2011 Luis G. Fortuno, the Governor of Puerto Rico, used a recent speech to the Municipal Forum of New York to confirm that the United States territory’s USD1bn budget deficit will be closed within two years, and that a series of economic reforms have been initiated on the island.
	Puerto Rico Improves Film Tax Incentives 3/9/2011 On March 4, in the presence of Jennifer López and Marc Anthony, Governor Luis G. Fortuño signed a new law which greatly improves the tax incentives available for producing films in Puerto Rico.
	Puerto Rican Tax Policies Illustrated In New York 2/28/2011 A delegation from the Puerto Rico government, including the Lieutenant Governor Kenneth McClintock and Secretary of Economic Development and Commerce Jose R. Perez-Riera, has been in New York to build awareness of the extensive revitalization programmes underway on the Island.
	IRS Chooses Advocacy Panel Members 2/24/2011 The US Internal Revenue Service has announced the selection of 32 new members to serve on the nationwide Taxpayer Advocacy Panel, a federal advisory committee charged with providing direct taxpayer feedback to the IRS.
	Caribbean Amongst Last Regions To Recover 4/26/2010 Commenting upon the release of the International Monetary Fund’s World Economic Outlook Report, Chief of the World Economic Division, Petya Koeva Brooks, warned that the Caribbean region can expect a protracted recovery from the financial economic crisis, despite a return of more favorable conditions globally.
	Astra Settles Transfer Pricing Dispute With HMRC 2/24/2010 AstraZeneca has announced that the company has settled a long-running transfer pricing issue with HM Revenue and Customs in the UK.

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