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prima:There will be “strong repercussions” if the Global Minimum Tax is not addressed, warn public and private sector leaders

A new report by the entity Espacios Abiertos points to an economic impact of over $3.8 billion if the 15% tax on multinationals on the island is not established

August 9, 2024 - 1:24 PM

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This content was published more than 11 months ago.
So far, less than 50 countries, mostly European, have legislated to implement the Global Minimum Tax, out of the 147 that signed the international agreement. (Josian Bruno/GFR MEDIA)

After the organization Espacios Abiertos (EA) revived the discussion on the implementation of the Global Minimum Tax (GMT) by presenting the multi-million dollar effect it would have on Puerto Rico, public and private sector leaders reacted and insisted that prompt action must be taken.

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