Puerto Rico puts out about $3.742 billion into the US treasury.
Budget:
revenues: $8.1 billion Central Government, $25 Billion with Public Corporations
expenditures: $9.6 billion Central Government
Personal Tax rates
Married couple filing jointly, married person who did not live with his (her) mate, single person, head of family, succession or trust
Net taxable income
Tax
Not exceeding $2,000 7%
In excess of $2,000, but not exceeding $17,000 $140 plus 10% of the excess over $2,000
In excess of $17,000, but not exceeding $30,000 $1,640 plus 15% of the excess over $17,000
In excess of $30,000, but not exceeding $50,000 $3,590 plus 28% of the excess over $30,000
In excess of $50,000 $9,190 plus 33% of the excess over $50,000
Married person who lived with his (her) mate, filing separately
Net taxable income
Tax
Not exceeding $1,000 7%
In excess of $1,000, but not exceeding $8,500 $70 plus 10% of the excess over $1,000
In excess of $8,500, but not exceeding $15,000 $820 plus 15% of the excess over $8,500
In excess of $15,000, but not exceeding $25,000 $1,795 plus 28% of the excess over $15,000
In excess of $25,000 $4,595 plus 33% of the excess over $25,000
Corporate rates:
- 7% maximum corporate income tax rate with some qualified companies paying as little as 2 %.
- 2-0 % special corporate tax rate for “Pioneer Industries”
http://www.offshorecorporation.com/puerto-rico/http://www.dollarman.com/puertorico/taxes.htmlHope this helped somewhat.
