Puerto Rico Governor Ricardo Rosselló signed into law on Monday legislation to provide nearly $2 billion in tax relief over five years amid concerns by the U.S. commonwealth’s federally created fiscal oversight board about how the island will fund the tax break.

Link: https://www.reuters.com/article/us-usa-puertorico-taxation/puerto-rico-governor-signs-bill-for-2-billion-in-tax-relief-idUSKBN1O92IW