All posts tagged "Treasury"
Refund Payment Delay Has Cost Treasury Nearly $5.5M in Interest
Could Reach $6 Million Due to Scant Funds
- Posted March 8, 2016
Treasury Intervenes with 3 more Businesses for Over $1M Debt
SAN JUAN – The Treasury Department carried out Friday its seventh embargo operation this year, on three businesses that owed approximately $1.1 million to the agency. “In this operation, we intervened in three businesses that did not...
- Posted February 19, 2016
KPMG Cited to Hearing on Delay of Government’s Financial Statements
SAN JUAN – The Senate Treasury and Public Finance Committee, headed by Sen. José Nadal Power, will hold public hearings Tuesday on the status of the government’s audited financial statements. The Government Development Bank (GDB), Treasury Department,...
- Posted February 16, 2016
Treasury Intervenes with 3 Businesses that Didn’t Remit Withheld Employee Taxes
SAN JUAN – The Puerto Rico Treasury Department embargoed three business establishments in the San Juan metro area on Friday for not paying the agency income taxes they had retained from their employees, among other Internal Revenue...
- Posted February 12, 2016
GOP Sen. Hatch asks García Padilla to Provide more Information on P.R.’s Fiscal Situation
SAN JUAN – As Congress continues to mull how to help Puerto Rico in dealing with its fiscal and economic crisis, a high-ranking Republican senator sent on Wednesday a letter to Gov. Alejandro García Padilla, asking for...
- Posted February 10, 2016
Walmart Puerto Rico Trial Slated to Start Tuesday
SAN JUAN – The civil trial in the lawsuit that Walmart Puerto Rico filed against the government over the hike in the tangible property tax is slated to begin Tuesday. During a pre-trial conference Monday held by...
- Posted February 1, 2016
Puerto Rico Gov’t Presents Medicinal Marijuana Regulation
SAN JUAN – Puerto Rico government officials presented Thursday the regulation for the use of medicinal marijuana on the island, covering all stages of the process, from growing the plants to its dispensation. With this action, the...
- Posted January 28, 2016
Treasury to Carry out More Businesses Interventions this Week
SAN JUAN – Before the week is over, the Puerto Rico Treasury Department will be conducting its 12th embargo operation against businesses evading their tax obligations, Treasury Secretary Juan Zaragoza said Wednesday. Since late last year, the...
- Posted January 27, 2016
Treasury Unveils new Internal Revenue System
SAN JUAN – The Puerto Rico Treasury Department unveiled Wednesday its new internal revenue system, which aims to streamline the agency’s multiple taxes and platforms, in a bid to increase efficiency, oversight and tax management. “Welcome...
- Posted January 27, 2016
Hundreds of Students Affected by UPR Fund Freeze
SAN JUAN – The president of the General Student Council of the University of Puerto Rico’s (UPR) Ponce campus, Julissa Vega, said Monday that there are hundreds of students affected by the freezing of funds in Puerto...
- Posted January 25, 2016