Puerto Rico is a Territory of the United States
The legal foundation of Puerto Rico’s status within the United States can be found in Article IV, Section 3, Clause 2 of the United States… Read More »Puerto Rico is a Territory of the United States
The legal foundation of Puerto Rico’s status within the United States can be found in Article IV, Section 3, Clause 2 of the United States… Read More »Puerto Rico is a Territory of the United States
The Puerto Rico Financial Oversight and Management Board has asked for comments by next Wednesday at 9 AM on the fiscal plan that Governor Alejandro… Read More »Financial Oversight and Management Board Requests Comments on Gov’s Fiscal Plan before Wednesday
While much has been written about the potential impact on Puerto Rico and the rest of the country if the Supreme Court had overturned the Affordable Care Act (ACA), lost in the discussion is the fact that Puerto Rico was never guaranteed inclusion in the federal law at all. In fact, Puerto Rico was left out of early drafts of the bill.Read More »The Health Care Law: A Status Issue
Updated to include the Velazquez Medicaid letter to Speaker Ryan. Congress is expected to pass this week legislation that provides $296 million for Puerto Rico’s… Read More »Puerto Rico to Receive $296 million in Medicaid Funding
Despite having received numerous reports from Puerto Rican entities, the PROMESA fiscal oversight board used its first meeting on September 30 to ask for financial information… Read More »PROMESA Board Receives Reports from Puerto Rico Government, Requests More Information
A United States Senate subcommittee investigating U.S. companies that shelter overseas profits from taxation has found that Microsoft withheld up to $4.5 billion in federal taxes from 2009 to 2011 by transferring profits to a Puerto Rican subsidiary.
Puerto Rico is a territory of the United States and its citizens are U.S. citizens, but the island is not treated as the rest of the United States under the Internal Revenue Code. Read More »Foreign Taxation in Puerto Rico
As a U.S. territory, Puerto Rico has no senators, just one non-voting member of Congress (instead of the four voting members it would have as… Read More »Is an Unconstitutional Choice Still a Choice?
On December 31st, 2020, the official results of the 2020 status vote were posted on the official State Elections Commission (CEEPUR) website. In all, there… Read More »Official Results of the 2020 Plebiscite
Legislation pending before the U.S. Congress to include Puerto Rico within Chapter 9 of the U.S. Bankruptcy Code is attracting attention and a wide range… Read More »Puerto Rico Bankruptcy Legislation Awaits Congressional Action