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Puerto Rico gov’t sends $10M in corporate reimbursements

By on September 14, 2017

SAN JUAN – Gov. Ricardo Rosselló announced Thursday that $10 million in reimbursements was sent to more than 1,500 companies, mostly local small and midsize businesses.

The governor also said the Puerto Rico Treasury Department was sending $6 million in reimbursements to individuals corresponding to forms filed late or that had mistakes. These forms correspond to the tax year 2016.

“Since last year, no reimbursements were sent to companies and corporations, despite having been approved. We are committed to paying those who have complied with their tax liability. If the taxpayer complies, the government has to comply also,” Rosselló said in a statement while in Washington, D.C., accompanied by Treasury Secretary Raúl Maldonado.

Puerto Rico Treasury Department headquarters in San Juan (File Photo)

Maldonado said these reimbursements were considered in the fiscal plan and are possible thanks to the savings measures established by agency heads.

P.R. Treasury Reaches $90 Million in Reimbursements

Regarding the delay in sending the reimbursements to citizens, the Treasury secretary added that “many of these cases were frozen in the claim and investigative phase.”

“Upon arriving in the Treasury Department, advocate Matilde Encarnación took over the processes, managing to solve them to pay the payments that the previous administration left in the air,” he said.

Rosselló and Maldonado are in Washington as part of the efforts by Frente por Puerto Rico (Front for Puerto Rico) to lobby for the island’s inclusion in U.S. tax reform.

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