Puerto Rican Legislative Assembly Considering Blocking Switch to VAT
Several members of Puerto Rico's Legislative Assembly are currently considering the introduction of legislation to block the upcoming change from sales and use tax (SUT) to value added tax (VAT). The move reportedly has bipartisan support, including support from the presidents of both the House of Representatives and the Senate.
The change from SUT to VAT was approved in May 2015 following sti…
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