🎁 'Tis the season to support public service journalism Donate Now

Puerto Rico hopes to hold on to medical manufacturers

Dec 29, 2017
The new U.S. tax law will put an end to Puerto Rico’s longtime status as a tax shelter for U.S. multinational companies. Companies will now have to pay 12.5 percent on what they make on the island. One-third of Puerto Rico’s tax base now comes from medical manufacturers. If they flee, it would mean more […]