Puerto Rico committee hears bill to offer 15-year tax exemption to attract and retain physicians Lawmakers and agency witnesses reviewed Senate Project 15, which would offer a 15-year preferential income-tax rate (12%) for qualified physicians in exchange for defined service requirements. Testimony praised the goal but agencies flagged major fiscal questions and recommended integrating the measure into a broader tax-reform package and consulting the Fiscal Oversight Board.

A new bill could provide a 15-year tax break for doctors in Puerto Rico, but can it solve the medical talent crisis?

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