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Featured topics
Audit
ASU allows private companies to elect out of VIE guidance
This issue discusses the ASU issued 2018-17, Consolidation (Topic 810): Targeted Improvements to Related Party Guidance for Variable Interest Entities. This ASU allows private companies to elect out of VIE guidance.
Tax
Puerto Rico individuals 2018 year end tax planning
With the end of 2018 in sight, November is as good a time to look ahead and consider some important tax planning aspects for the upcoming tax filing season.
Advisory
Small expenses, big losses
Travel and entertainment expenses are sometimes small amounts that taken individually are generally insignificant, and because the items involved are so numerous and so small, auditing them individually would be prohibitively expensive. However, these expenses taken collectively are significant.
Outsourcing
New filing rules W-2PRs and Informative Returns
The Puerto Rico Treasury Department has issued Informative Bulletin 18-18 with the electronic filing requirements for Forms 499R-2/W-2PR and Informative Returns for 2018.
Industries
Will online shopping make retail giants extinct?
With the recent closures of Toys “R” Us (U.S.), Maplin and Topshop Australia, we investigate whether the internet is killing off physical stores...
IBR and GrowthiQ
Closing the skills gap
A skilled worker shortage means that businesses are turning to technology and mobility as options for finding talent.
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Kevane Grant Thornton 2018 Tax Calendar
The information contained in this Tax Calendar will help you comply with tax filings and provide general information for your day-to-day business operations in Puerto Rico.
Doing business in Puerto Rico Doing business in Puerto Rico
Doing business in Puerto Rico
Puerto Rico Tax and incentives guide
This publication summarizes the tax and business incentives to qualifying business operating or considering to operate in Puerto Rico.
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