[Vision2020] Regarding Puerto Rico and the GOP Tax Reform . . .
Tom Hansen
thansen at moscow.com
Wed Dec 20 18:29:37 PST 2017
“The final draft calls for a 12.5% tax on any income generated from patents and licenses held by foreign companies outside the United States. Under U.S. tax codes, companies in Puerto Rico are treated as foreign corporations, even if their parent organization is located in the mainland United States and they employ U.S. citizens.”
http://money.cnn.com/2017/12/20/news/economy/puerto-rico-tax-bill/index.html
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Sweet, huh?
Seeya 'round town, Moscow, because . . .
"Moscow Cares" (the most fun you can have with your pants on)
http://www.MoscowCares.com
Tom Hansen
Moscow, Idaho
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