Puerto Rico lawmakers are reviewing a controversial casino expansion bill to generate new government budget revenue The Senate of Puerto Rico is actively evaluating Senate Bill 960, which aims to modernize the local gambling industry and boost public funds. Members of the Treasury, Budget, and PROMESA Commission recently conducted an on-site inspection of a prominent
The bill would prevent crypto holders from using the US territory to avoid taxes on their digital assets A new proposal in Washington is targeting a long-standing loophole that has made Puerto Rico an attractive destination for crypto investors seeking to reduce their tax bills. Rep. Nydia Velázquez of New York introduced a bill on
The US territory is updating its casino legislation to boost revenue Puerto Rico has seen a recent decline in casino gaming, which has played a significant role in attracting tourism to a country that relies on it for economic stability. However, new proposed legislation may help reverse this trend. The Puerto Rico Senate and House
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