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Puerto Rico Department of Treasury Integrates Municipal SUT into SURI

Tax alert

On June 30, 2026, the Puerto Rico Department of Treasury ("PRTD") issued Internal Revenue Circular Letter No. 26-13 ("IR CL 26-13") to implement one of the most important changes to the SURI platform in recent years, and a significant change in the administration of the Municipal Sales and Use Tax ("Municipal SUT"). Effective with the SUT Monthly Return for July 2026, due on August 20, 2026, the filing and payment of the Municipal SUT for 73 participating municipalities (“Participating Municipalities”) will be integrated into the Unified Internal Revenue System ("SURI").

Raúl Robles
| 4 min read | 22 Jul 2026

PRTD Announces Back to School Tax Free Periods for FY 2026-2027

Tax alert

The Puerto Rico Treasury Department (PRTD) announced the dates of the back-to-school tax free periods for the fiscal year 2026-2027. During the tax-free period, the uniforms and school materials will be exempt from payment of the Puerto Rico Sales and Use Tax (“SUT”) at the state and municipal levels.

Raúl Robles
| 3 min read | 15 Jul 2026

Global intent, local reality: How sustainability priorities vary across regions

Scaling sustainability

Mid‑market leaders across the globe are investing in sustainability, but not in the same way – or for the same reasons. North and South America see a route to competitive advantage and capital; Europe is turning regulation into efficiency; Asia‑Pacific ties ESG to innovation and digitalization; while Africa backs foundational energy and water to unlock growth.

6 min read | 16 Apr 2026

Understanding Private Equity Funds in Puerto Rico

Tax Insight

Puerto Rico has positioned itself as a competitive jurisdiction for private equity funds through Act 60-2019, known as the Puerto Rico Incentives Code (“Incentives Code”). This article provides a high-level overview for fund managers, investors, and advisors of how private equity funds are structured, taxed, and regulated in Puerto Rico, with a focus on preserving tax incentives and mitigating compliance risks.

Vanessa Rodríguez
| 7 min read | 20 Mar 2026
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Grant Thornton Advisors to acquire CBIZ for $5 billion in transaction supported by New Mountain Capital

29 Jul 2026

Grant Thornton Advisors LLC (together with its affiliates, “Grant Thornton Advisors”), New Mountain Capital and CBIZ, Inc. (NYSE: CBZ) (“CBIZ”) today announced that Grant Thornton Advisors has entered into a definitive agreement pursuant to which it will acquire CBIZ in an all-cash transaction with an enterprise value of $5 billion.

CFOs ramp up technology investment despite record low economic confidence

17 Jun 2026

Grant Thornton Survey: CFOs ramp up technology investment despite record low economic confidence

Grant Thornton Advisors to expand AI- and technology-led services by acquiring MCA Connect

20 May 2026

Grant Thornton Advisors to expand AI- and technology-led services by acquiring MCA Connect. Deal will bring one of Microsoft’s leading manufacturing and distribution partners into Grant Thornton Advisors’ multinational platform, strengthening end to end digital, data and AI capabilities.

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