Prepared Foods Temporarily Exempt From Puerto Rico’s Sales Tax

News is My Business Deli March 20, 2020

Puerto Rico Gov. Wanda Vázquez announced that Treasury Secretary Francisco Parés passed an administrative order exempting prepared foods from the island’s sales tax, effective today through April 19, 2020.

“This is an additional measure that’s taken in favor of all citizens in the face of the health emergency that we are facing due to COVID-19,” said the governor.

Parés said in addition to prepared foods, the temporary exemption includes carbonated drinks, bakery products and candy, but not alcoholic beverages.

To read the rest of the story, please go to: News is My Business

Related Articles

Deli

Chilled & Deli Foods Market Trends/Analysis Report 2022: A Global $350+ Billion Industry by 2030 – Shifting Consumer Preference Towards Prepared Meals

ResearchAndMarkets.com Deli July 22, 2022

Rising preference of consumers for chilled & deli products along with consumer focus in gaining knowledge & desire to understand various nutritional contents is one of the key trends driving the market. A busy lifestyle coupled with shifting consumer preference towards prepared meals, owing to the convenience offered by them, is poised to remain one of the key trends stoking market growth in the forecast period. …

Deli

FreshRealm Closes $200M Investment

FreshRealm Deli July 21, 2022

FreshRealm, a leading provider of fresh meals for retailers nationwide, announced today that the company has closed on a $200 million capital raise, led by a premier global cornerstone institutional investor. This latest raise will accelerate the company’s growth strategy within the meal industry. FreshRealm is the only fresh meals provider to deliver a national platform that simplifies how fresh ready to cook, ready to heat and low-prep meal kits are brought to the table. The investment capital will allow FreshRealm to continue to drive the future of the $30 billion1 market opportunity with retail partners. …