Finance & Revenue
After Puerto Rico’s 2018 hurricanes, utility companies helped rebuild Puerto Rico’s grid.
Local governments then sought to impose these two taxes on the utility companies:
What is the impact of these taxes?
has this happened on the US main land? Yes, after Hurricane Sandy in NY, but the taxes were waived
How were the taxes covered in emergency services contracts? Written into the contracts that FEMA would cover the taxes imposed
Seattle Times | Utilities that helped Puerto Rico fix power grid now face hefty tax bills
Thank you for subscribing to our newsletter.
Great things are just around the corner!