Fiscal board questions planned sales tax suspension

Robert F. Mujica Jr., executive director of the Financial Oversight and Management Board for Puerto Rico Cites lack of funding source By THE STAR STAFF The Financial Oversight and Management Board has cautioned the Puerto Rico government against moving forward with a proposed temporary suspension of the commonwealth’s 6% sales and use tax on prepared foods, carbonated beverages, candy and confectionery products, arguing that the measure was announced without identifying how its estimated…

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