Last updated on: 7/29/2016 | Author:

Juan Zaragoza Biography

Secretary of the Treasury for Puerto Rico
Con to the question "Should Churches (Including Mosques, Synagogues, etc.) Remain Tax-Exempt?"

“The problem is that there are churches that are family businesses and where people are making a profit. You can have a church for profit, like any other, just like a shoe store. You can operate a church as a for-profit entity, and every year you should file returns with your profits and pay. These organizations think that by just registering as a non-profit organization they gain (automatic) rights to tax exemptions. They get incorporated and begin operations without ever requesting tax exemptions. They have spent years not paying taxes. Now they have to make retroactive payments.”

Jack Jenkins, “Puerto Rico Is Cracking Down on Tax-Exempt Status for Churches,”, Apr. 29, 2016

Involvement and Affiliations:
  • Secretary of the Treasury, Puerto Rico, Oct. 2014-present
  • Co-founder and Managing Partner, Zaragoza & Alvarado
  • Certified public accountant
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Quoted in:
Pro & Con Quotes: Should Churches (Including Mosques, Synagogues, etc.) Remain Tax-Exempt?