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Puerto Rico Manufacturers Association will request the governor an extraordinary session

The private sector is keeping the discussion on House Bill 1908 alive to address the controversy surrounding the Global Minimum Tax

July 3, 2024 - 2:05 PM

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About a dozen entities established on the island that pay 4% on their income and whose parent companies operate in European countries that have already implemented the 15% tax agreement on industrial income, will have to pay the difference (11%) for their production in Puerto Rico to the country in Europe. (Ramn "Tonito" Zayas)

By Efraín Montalbán Ríos

Periodista de Negociosefrain.montalban@gfrmedia.com

The Puerto Rico Manufacturers Association (PRMA) will ask Governor Pedro Pierluisi to call an extraordinary session to consider the approval of House Bill 1908, said Carlos Serrano, chairman of PRMA’s Tax Affairs Committee, on Tuesday.