| 27.05.2015 Opalesque Exclusive: Puerto Rico passes tax reform as hedge funds eye bonds |
| Bailey McCann, Opalesque New York: Puerto Rico has passed a revised version of a sales tax reform bill. The bill will effectively increase sales tax on a range of goods, on the debt strapped island, from the current rate of 7% to 11.5%. Additionally, the bill creates a new 4% tax on professional services. Governor Alejandro Garcia Padilla is expected to sign the measure which will provide immed |