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Federal Tax Credit: a pending issue for Puerto Rico

Governor Wanda Vázquez and her team know that replacing the federal tax credit is on the table, but say there is no fixed term

12 de septiembre de 2019 - 12:20 PM

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This content was published more than 5 years ago.
Omar Marrero is the executive director of the Fiscal Agency & Financial Advisory Authority (FAFAA). (GFR Media)
Omar Marrero is the executive director of the Fiscal Agency & Financial Advisory Authority (FAFAA). (GFR Media)

Washington - Puerto Rican government officials acknowledged yesterday that they have to respond to the Treasury Department's request to present a plan to discontinue the federal tax credit on foreign companies sales imposed by Law 154.

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