Stories Tagged as
Foreign jurisdiction
Puerto Rico hopes to hold on to medical manufacturers
by
Renata Sago
Dec 29, 2017
The new U.S. tax law will put an end to Puerto Rico’s longtime status as a tax shelter for U.S. multinational companies. Companies will now have to pay 12.5 percent on what they make on the island. One-third of Puerto Rico’s tax base now comes from medical manufacturers. If they flee, it would mean more […]