Tax Article Collection Notices and Tax Garnishments from the Puerto Rico Department of Treasury
In recent years, we have witnessed several campaigns and efforts implemented by the Government of Puerto Rico ("Government") to fight tax evasion.
Tax Alert Puerto Rico Sales and Use Tax
Effects of Act 52, 2022 in the Puerto Rico Sales and Use Tax (“SUT”).
Tax Article Business Economic Activity as a proposed new parameter of a Municipality's tax jurisdiction
Taxpayers engaged in trade or business within the jurisdiction of a Puerto Rico municipality, providing any services for profit, selling any goods, or
Tax Article Updates for the Opportunity Zones program are on the horizon
As the Opportunity Zones program’s needs evolve, new US legislation is underway to meet the program’s intended results and unleash the full potential for
Tax Alert Sales and Use Tax Exemption on articles for the preparation for the hurricane season
On May 6, 2022, the Governor of Puerto Rico signed Act 20, 2022. Act 20, 2022 provides an exemption from the Sales and Use Tax (SUT) during the last weekend
Tax Article Are you looking to start a business in Puerto Rico?
Read this to know what to do and where to file.
Tax Article Key Tax Credits Available on the 2021 Puerto Rico Individual Income Tax Return
There have been significant changes regarding the tax credits available for taxpayers for tax year 2021.
Tax Article A second look at the Incentives Code
It’s been more than 2 years since the enactment of the Incentives Code in Puerto Rico, approved on July 1, 2019 (“Act” or “Code”).
Tax Article CRIM Amnesty Program
Real property tax debtors have been granted an amnesty to pay certain debts on or before June 30, 2022, at a discount.
Tax Article 2021 Year-end tax planning for Puerto Rico individuals
With the end of 2021 in sight, taxpayers should consider some important tax planning aspects for the upcoming tax filing season.
Tax Alert Energy Incentive Program
On October 4th, 2021, Governor Pedro Pierluisi announced the Energy Incentive Program with the purpose to assist small and medium business in the development
Tax Article Global minimum tax calls for a local tax reform
The minimum global tax continues to be a hot topic in 2021. Negotiations in the implementation of a 15% global corporate minimum tax continue to strengthen and

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