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U.S. Territories Puerto Rico, Guam, U.S. Virgin Islands, etc.
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Old 02-11-2015, 12:37 PM
 
749 posts, read 920,322 times
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Now, that Cuba is going to let tourist in..........Puerto Rico needs some changes......or it will be left behind....


Treasure Island: Puerto Rico Bids To Become New Age Tax Haven - Forbes
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Old 02-12-2015, 04:22 PM
 
125 posts, read 159,023 times
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I wonder if the Powerball winner in PR will have to pay federal income tax on the winnings...
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Old 02-12-2015, 06:14 PM
 
749 posts, read 920,322 times
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Quote:
Originally Posted by DRS1989 View Post
I wonder if the Powerball winner in PR will have to pay federal income tax on the winnings...

This article might help you.....


Powerball winnings in Puerto Rico, exempt from federal tax? Nobody knows | Fox News Latino
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Old 02-13-2015, 08:57 PM
 
Location: Honolulu/DMV Area/NYC
30,612 posts, read 18,187,363 times
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Quote:
Originally Posted by hittheroadjack View Post
I hope the ticket owner is a bona fide resident of Puerto Rico (as opposed to a non-resident on vacation or just passing through, etc.) and exempt from paying federal income taxes. The standard has for quite some time been that residents of Puerto Rico don't pay federal income taxes on locally sourced income. Why should the feds get to change the rules now simply because someone won a huge lottery price?
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