Why Puerto Rico Isn't Set Up for Small Business
Crumbling infrastructure and a bad economy make for an uphill battle.
The hurricane of Puerto Rico's poor infrastructure continues to wreak havoc on the archipelago's wrecked economy, especially on local small businesses that have to pay a normal rate of 18.5% on net income subject to tax and an additional graduated tax calculated on net income that can reach up to an additional 5%.
But that's not all: On top of income tax…
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