Medtech Insight is part of the Business Intelligence Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Sec. 936 wage-based proposal pushed to Senate Finance Committee by Commonwealth.

This article was originally published in The Gray Sheet

Executive Summary

SEC. 936 WAGE-BASED CREDIT PROPOSED BY PUERTO RICAN GOVERNOR in appeal to Senate Finance Committee to moderate the cutbacks to the island tax incentive in the House Ways and Means tax package. According to a description of the proposal, a domestic company could claim a credit against income tax liability equal to 60% of qualified compensation and allocable fringe benefit expenses paid to employees within an "economically distressed jurisdiction."
Advertisement
Advertisement
UsernamePublicRestriction

Register

MT004832

Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel