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Puerto Ricans pay PLENTY of taxes to the United States federal government. However PERMANENT residents of Puerto Rico are exempt from paying federal income tax on money earned in Puerto Rico. The reason is Puerto Ricans do not have a vote in Presidential elections and do not have any voting representation in Congress. It is an outgrowth of "no taxation without representation".
Puerto Rican residents pay federal income tax on any income earned from outside the island of PR, Social Security, Medicare, Payroll Tax, Capital Gains tax and a very hefty state tax, among other taxes not listed here.
What else can I help you with?
Where is there a PNC bank in Puerto Rico?
The Bank of America represents Bank of America for the people in Puerto Rico. The people of Bank of America in Puerto Rico should contact the office in the state of Florida in the United States for any questions.
Is Puerto Rico in North or South America?
Puerto Rico is North America (in the Caribbean)
Is Puerto Rico a highland in Central America?
Puerto Rico is an island a fair distance from Central America.
Does america rule Puerto Rico?
The United States does rule Puerto Rico.
Where is Puerto Rico located in Central America?
Puerto Rico is an island ,closest to central America.
What continet is Puerto Rico in?
Puerto Rico is it's own island but if it was in a continent it would be North America.
Do people in Puerto Rico pay income taxes?
No.
Is Puerto Rico an independent nation?
No, Puerto Rico is a Colony of the United States of America.
What America cities have nonstop flights to Puerto Rico?
puerto rico has one major city
What is the distans of America to Puerto Rico?
This depends on the location in America that you are traveling from. For example, central Florida to Puerto Rico is about 1,151.83 miles
Do people in Puerto rico pay Federal Income taxes?
No.
How can I pay my property taxes in Puerto rico?
the boss of that area.
