Puerto Rico: Senate Finance hearing on economic challenges, tax system

Puerto Rico: Senate Finance hearing

The Senate Committee on Finance today held a hearing on financial and economic challenges in Puerto Rico.

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In connection with the Finance Committee’s hearing, the Joint Committee on Taxation (JCT) released a report that provides an overview of U.S. tax policy and its interplay with Puerto Rico. The JCT report describes the U.S. tax rules related to Puerto Rico and provides an overview of Puerto Rican tax law, related economic data, and tax policy considerations.

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