Fitch assigns ‘BBB+’ rating to govt’s outstanding GO bonds
January 20, 2011
The GDB is analyzing the possibility of selling GO bonds this year.(Credit: Víctor Román) New York-based Fitch Ratings has assigned a “BBB+” rating to the Commonwealth’s outstanding $9.2 billion general obligation (GO) bonds, saying the ...
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Stateside media outlet zeroes in on 4% corporate tax
January 11, 2011
Washington D.C.-based The Daily Caller on Tuesday zeroed in on the recently passed 4 percent tax on foreign corporations, saying it is has the makings of an "indirect bailout," as Fortuño administration officials seek to ...
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U.S. Treasury yet to issue decision on Law 154 tax credit
January 3, 2011
The U.S. Department of Treasury has yet to issue a decision on whether foreign companies doing business in Puerto Rico will be allowed to take a credit for the excise tax imposed through Law 154, ...
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