Bill aims to reduce sales & use tax by taxing online purchases
SAN JUAN – A bill that seeks to collect sales and use tax (IVU by its Spanish acronym) on Internet purchases from companies without a presence in Puerto Rico could generate about $50 million, and the president of the House Treasury and Budget Committee Chairman Antonio Soto said the new revenue would in turn be … Continue reading Bill aims to reduce sales & use tax by taxing online purchases
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