Tax-News.com: Puerto Rico’s Sales Tax Changes Get Moody’s Approval

Tax-News.com: While the credit rating agencies currently have Puerto Rico only one notch above a non-investment grade rating, Moody's Investor Services has commented that the changes to the Sales and Use Tax, and to pensions, proposed by Governor Alejandro Garcia Padilla in his first Status of the State and 2013-14 Budget, could be positive for its rating.

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