Popular topics
Tax Estate and succession planning Economy Tax incentives program Content type Audit Accounting and Outsourcing
Featured insights
Mid-Market resilience remains, but unease is growing
Press Release Mid-Market resilience remains, but unease is growing
Mid-market business leaders around the world are less optimistic about the economic outlook over the next 12 months, with 71% expressing optimism (down two points from Q1 2025). At the same time, concerns about economic uncertainty have increased, rising six points to 61% and making it the most cited constraint to growth in Grant Thornton’s latest International Business Report (IBR).
4 min read | 16 Jun 2025
Tax Considerations for Mergers and Acquisitions
Tax Insight Tax Considerations for Mergers and Acquisitions
In the pursuit of business expansion, businesses have a wide array of options when deciding their approach on how to achieve their goals. Mergers and acquisitions (“M&A”) offer the opportunity to rapidly expand business operations while decreasing the risks associated with starting a new operation or expanding from scratch. However, M&As are not immune to tax implications for the parties involved in the transaction. As such, when considering M&A transactions, it is important to evaluate all of its implications in order to determine which type of deal is right for you. This article provides a summary of important key points that should be pondered when conducting M&A transactions.
5 min read | 30 May 2025
calendar
2025 Tax Calendar 2025 Tax Calendar
This comprehensive tax guide is designed to keep you well-informed about the tax due dates and filing requirements for both Puerto Rico and the United States. It also offers valuable tax insights for individuals, businesses, and sales and use tax considerations.
23 Jan 2025
Trending articles
Tax Insight Tax Considerations for Mergers and Acquisitions
5 min read | 30 May 2025
Tax Insight Do I need a Transfer Pricing Study to file my entity’s tax return?
3 min read | 30 Apr 2025
Tax Insight Sales and Use Tax: The impact of manufacturer's rebates and treatment of warranties
9 min read | 31 Oct 2024
Tax Insight A Deep Dive into Puerto Rico's Excise Taxes
3 min read | 07 Aug 2024
Our latest insights
Cybersecurity in M&A strategy
Advisory Article Cybersecurity in M&A strategy
Mergers and acquisitions require a mix of strategic and tactical work – cybersecurity is usually an item on the tactical list.
Marta E. Rodríguez
Neysha Otero
Jorge Paredes
Jorge Oquendo
| 4 min read | 18 Oct 2021
Return to work incentives
Tax Alert Return to work incentives
On March 11, 2021, the U.S. federal government enacted the American Rescue Plan Act of 2021 to assist state governments with the public health emergency caused by the COVID-19 and to boost the economic development of certain industries most heavily impacted by the pandemic.
6 min read | 17 Sep 2021
Mid-market recovery spreads to more industries
Mid-market industries
‘Uneven’ is how we described the impact of COVID-19 on different mid-market industries – both when assessing initial destruction in H1 2020 and the early recovery in H2 2020. Midway through 2021, it is really encouraging to see some of that unevenness disappear and more industries participating in the overall recovery.
Less than a minute | 16 Sep 2021
How internal controls can add business value
Advisory Article How internal controls can add business value
Internal controls have traditionally been viewed as a requirement to avoid regulatory, legal and external audit/examination consequences. Rarely they are seen as a strategy for building business value and consumer confidence.
Marta E. Rodríguez
Neysha Otero
Jorge Paredes
Jorge Oquendo
| 3 min read | 16 Sep 2021
Effective dates of FASB ASUs
Audit Article Effective dates of FASB ASUs
This publication summarizes the effective dates of FASB Accounting Standards Updates that are not yet effective for all entities.
Johanna Pérez
Johanna Pérez
| 1 min read | 13 Sep 2021
Global business pulse
Global business pulse Global business pulse
Global business pulse
02 Sep 2021
ASU 2021-05: Lessors’ accounting for certain leases with variable payments
Audit Article ASU 2021-05: Lessors’ accounting for certain leases with variable payments
The Financial Accounting Standards Board recently issued ASU 2021-05 to amend ASC 842 so that lessors are no longer required to recognize a selling loss upon commencement of a lease with variable lease payments that, prior to the amendments, would have been classified as a sales-type or direct financing lease.
4 min read | 20 Aug 2021
Internal audit in the cloud
Advisory Article Internal audit in the cloud
The critical role of internal audit in cloud security.
3 min read | 17 Aug 2021
Do’s & don’ts for the 2021 tax season
Tax Article Do’s & don’ts for the 2021 tax season
This second tax season during a global pandemic has begun to feel a little like a return to some sense of normalcy for our clients. Each tax season is a learning experience, and we aim to share the most common do’s and don’ts to help prepare for next year.
3 min read | 17 Aug 2021
Freight expectations: a striking rise in international ambitions
Freight expectations Freight expectations: a striking rise in international ambitions
Six months ago, our global research led us to conclude that there was a ‘once in a generation’ opportunity for businesses to grow internationally. Normal opportunities bring the mid-market running. Once a generation opportunities bring a stampede, and this is exactly what has happened. A massive 45% of the global mid-market now expect their exports to increase in the next 12 months.
Less than a minute | 15 Aug 2021
Recent legislative developments for individual investors in Puerto Rico
Tax Alert Recent legislative developments for individual investors in Puerto Rico
For many years, there has been plenty of public discussion around incentives available to resident individual investors (“RII”) that relocate to Puerto Rico, and the last couple of months have not been the exception. This Alert will summarize important recent developments regarding RII incentives, with a focus on Senate Bill 490.
4 min read | 12 Aug 2021
Doing business in Puerto Rico
Puerto Rico Doing business in Puerto Rico
If you are planning to do business in Puerto Rico, download this guide with information on the legal, accounting and taxation framework to keep you on the right track.
04 Aug 2021
5 Tax matters you should consider before relocating to Puerto Rico
Tax Insight 5 Tax matters you should consider before relocating to Puerto Rico
For the past decades, the Government of Puerto Rico has been offering different tax benefits and incentives to local and foreign business entities that either established new operations in Puerto Rico or relocated them to the island. On January 12, 2012, the Government of Puerto Rico (1) enacted Act 20 in an effort to turn the island into an international hub of export services and, (2) enacted Act 22 to promote that individuals relocate to the island by providing certain exemptions from local income taxes.
10 min read | 21 Jul 2021
Manage your evolving third-party risks
Advisory Article Manage your evolving third-party risks
Third party resources, components, and goods are critical for many organizations to deliver consistent and high-quality performance. But it is hard for these organizations to form a complete picture of their third-party risk and compliance exposures, given the complexity of third-party ecosystems and shifting requirements for compliance and reporting.
4 min read | 19 Jul 2021
Back to School tax free periods
Tax Alert Back to School tax free periods
The Puerto Rico Treasury Department announced the dates of the back-to-school tax free periods for the fiscal year 2021-2022. The back-to-school tax free periods comprise two days in July and two days in January of each fiscal year. During the tax-free periods, the uniforms and school materials will be exempt from payment of the Puerto Rico Sales and Use Tax at the state and municipal levels.
2 min read | 15 Jul 2021
Guidelines to proposed regulations on auto and reimbursed expenses
Tax article Guidelines to proposed regulations on auto and reimbursed expenses
The Puerto Rico Treasury Department published a new proposed regulation to amend Articles 1031.02(a)(33)-2, 1033.07(a)(3)(G)-1, 1033.07(a)(3)(G)-2, 1033.07(a)(3)(G)-6 and 1033.07(a)(3)(G)-7 of Regulation 8049 (“Proposed Regulations”) in an effort to regulate the deduction for expenses on the use and maintenance of automobiles issued in the trade or business.
3 min read | 15 Jul 2021
Load more