With just days before enactment, both legislative branches in Puerto Rico voted to override the Governor’s original veto of legislation repealing the Puerto Rico (PR) Value Added Tax (VAT) on May 26, 2016.
That’s right… the legislature originally voted to repeal the proposed VAT. The Governor then vetoed the repeal requiring the legislature to carry a two-thirds majority in order to override the Governor’s veto and ultimately repeal the proposed VAT– which it did.