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CRS Report Prepares Congress for Plebiscite

The Congressional Research Service (CRS) has released a new report about the upcoming plebiscite vote in preparation for questions Members of Congress are likely to have as Election Day draws near.  The CRS is the research arm of Congress, and the release of this particular report indicates that plebiscite results will be considered by Members of Congress and their staffs in the weeks and months ahead.Read More »CRS Report Prepares Congress for Plebiscite

U.S. Labor Department Announces $1.4 Million Grant for Puerto Rico

The U.S. Department of Labor has announced grants to 30 states, the District of Columbia, Puerto Rico and the Virgin Islands for Unemployment Insurance (UI) program integrity, performance and system improvement projects. As part of the nearly $170 million worth of of awards, Puerto Rico was given a $1.4 million Program Integrity Award to assist in the prevention, detection and recovery of improper UI benefit payments.Read More »U.S. Labor Department Announces $1.4 Million Grant for Puerto Rico

Foreign Taxation in Puerto Rico

A United States Senate subcommittee investigating U.S. companies that shelter overseas profits from taxation has found that Microsoft withheld up to $4.5 billion in federal taxes from 2009 to 2011 by transferring profits to a Puerto Rican subsidiary.

Puerto Rico is a territory of the United States and its citizens are U.S. citizens, but the island is not treated as the rest of the United States under the Internal Revenue Code. Read More »Foreign Taxation in Puerto Rico

Luis Ramos Receives the Bronze Star

A Puerto Rican veteran who fought in some of the bloodiest battles of the Korean War was awarded a Bronze Star on Friday in San Juan.   Luis Ramos, who served with the Puerto Rico–based 65th Infantry Regiment, known as the Borinqueneers, received the medal at a ceremony held at a monument to the Borinqueneers.Read More »Luis Ramos Receives the Bronze Star