1.0Instituto de Libertad Económica para Puerto Ricohttps://institutodelibertadeconomica.org/en/Luishttps://institutodelibertadeconomica.org/en/author/luis/Puerto Rico and its tax condemnationrich600338<blockquote class="wp-embedded-content" data-secret="ns0QlsHRUg"><a href="https://institutodelibertadeconomica.org/en/publications/puerto-rico-and-its-tax-condemnation/">Puerto Rico and its tax condemnation</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://institutodelibertadeconomica.org/en/publications/puerto-rico-and-its-tax-condemnation/embed/#?secret=ns0QlsHRUg" width="600" height="338" title="“Puerto Rico and its tax condemnation” — Instituto de Libertad Económica para Puerto Rico" data-secret="ns0QlsHRUg" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script>
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https://institutodelibertadeconomica.org/wp-content/uploads/2024/08/Puerto-Rico-y-su-condena-contributiva.jpeg829663The inventory tax represents a cost of doing business for merchants who have to pay taxes on the products they have in storage, regardless of whether or not they sell the merchandise. In other words, if a businessman has a food inventory valued at $1 million and has to pay a 6% tax, he will have to pay about $60,000 in tax to the municipal government where he operates.