Tax Policy: Puerto Rican Economic Trends

Pursuant to a congressional request, GAO provided information on economic activity in Puerto Rico, before and after the recent changes in tax benefits for corporations operating there, focusing on recent trends in: (1) Puerto Rico's principal economic indicators; (2) investments by U.S. corporations in Puerto Rico that generate tax-exempt, nonbusiness income; and (3) investment and employment promoted by Puerto Rico's Economic Development Administration.