Tax Incentives: Microsoft Closing Puerto Rico Plant

Is this the end of the line for Puerto Rican tax incentives? Taking Shelter host, Peter Palsen, discusses the recent departure of Microsoft from Puerto Rico. While Microsoft claims that their products made in PR - CDs and DVDs - are at the end of it’s life, they’ve valued their intellectual property at around $20 billion, which was then transferred to the mainland United States.
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Resources:
Tax-Weary Americans Find Haven in Puerto Rico - www.districtofcolumbiataxatto...
Puerto Rico Tax Incentives - • Puerto Rican Tax Incen...
Read more about Peter Palsen - askfrost.com/our-team/peter-p...
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