Act 60 Shenanigans and Federal Oversight

On May 16, Representative Nydia M. Velázquez (D- NY) led a group of congressional colleagues in a letter to House leaders urging greater oversight by the U.S. Department of Treasury and the Internal Revenue Service’s (IRS) in efforts to identify and address tax avoidance under Puerto Rico’s Acts 22 and 20 (now consolidated into Act … Continue reading Act 60 Shenanigans and Federal Oversight