-
Firms Vie for Contract to Advise Puerto Rico on Global Tax Deal (Exclusive)
Four law and consulting firms and a former official of the Organization for Economic Cooperation and Development are competing for a million-dollar contract to advise Puerto Rico on the impact of the global minimum tax in the US territory. Read more
-
States’ Pass-Through Taxes Gain More Flexibility and Eligibility
With Congress still undecided about the future of the 2017 tax law’s cap on state and local deductions, states continue to tinker with the workarounds they’ve created to give some of their residents a measure of relief. Read more
-
More States Eliminating Transaction Counts for Remote Sales Taxes
A growing number of states, responding to complaints that their sales tax requirements for remote retailers are too burdensome, are taking steps to ease that pain. Read more
-
IRS Urged to Crack Down on Wealthy Tax Cheats in Puerto Rico
A group of US lawmakers is asking tax authorities to accelerate an investigation into rich Americans seeking lucrative tax breaks in Puerto Rico. Read more
-
Taxing Digital Sales Raises Concerns About ZIP Codes, Privacy
The rise of digital goods—including games, movies, music, and non-fungible tokens—has led to tax-sourcing issues, particularly when retailers use payment platforms that don’t collect all the customer information necessary for tax calculations. Read more
-
States See Chance to Fix Tax ‘Bracket Creep’ as Inflation Persists
Policy makers in a handful of states are seeing an opportune moment to adjust their personal income tax brackets to inflation as the financial stress of housing costs and high grocery bills continues. Read more
-
Opportunity Zone Tracking Difficult Amid Federal, State Overlap
States piggybacking on the federal opportunity zone program have poured millions into tax incentives to spur the construction of apartment buildings, boutique hotels, and commercial real estate projects. Read more
-
Texas Ponders What’s Next for Big-Money Tax Breaks
Companies have rushed to apply for an expiring Texas program that offers hefty school district property tax abatements for new manufacturing and renewable energy projects. Read more
-
Puerto Rico’s Opportunity Zone Program Has Sluggish Start
Four years after the federal law was enacted, the local government has approved only one opportunity zone decree and it’s in the heart of the capital city’s financial district. Read more
-
Nuevo Subsecretario de Salud viene con problema legal en el expediente
El caso en que se acusó a Rodríguez Schmidt fue uno criminal, pero se resolvió como un caso civil a través de un acuerdo. La acusación criminal se desestimó contingente a que Rodríguez Schmidt pagara $17,000. Read more