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Puerto Rico: Fiscal Relations with the Federal Government and Economic Trends During the Phaseout of the Possessions Tax Credit
The fed. possessions tax credit, which was designe

Our Price: $40.00
By James R. White (au)
Year: 2006
Pages: 210
Binding Paperback

Product Code: 1422307999

The fed. possessions tax credit, which was designed to encourage U.S. corp. investment in Puerto Rico & other insular areas, expires in 2006. Proponents of continued fed. economic assistance to Puerto Rico have presented a variety of proposals for congressional consideration. This report compares trends in Puerto Ricoís principal economic indicators with those for the U.S.; reports on changes in the activities & tax status of the corp. that have claimed the possessions tax credit; explains how fiscal relations between the fed. govít. & Puerto Rico differs from the fed. govíts. relations with the states & other insular areas; & compares the taxes paid to all levels of govít. by residents of Puerto Rico, the states, & other insular areas. Charts & tables.

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