McV Alerts - Law Firm McConnell Valdes Attorneys San Juan, Puerto Rico

Labor & Employment Law

Labor & Employment Law Alert: Legislation Update. Read more.
Federal economic stimulus package requires employers to subsidize COBRA premium to involuntary terminated employees, and expands HIPAA privacy and security obligations (February 2009) - Read More...
Revised I-9 Employment Eligibility Verification form issued. Read more...
U.S. election results force formation of special labor relations practice area at McV (November 2008) - Read more...
Labor & Employment Law Alert - Important news concerning recent legislation (October 2008) - Read more...
Americans With Disabilities Amendments Act Of 2008 (Sept 2008) - Read more...
Governor Signs Act Providing That Certain Discharged Employees Could Receive Tax Free Payments (August 2008) - Read more...
Heirship, real estate assets, strictly governed in Puerto Rico (May 2007)
Puerto Rico Legislative Assembly Considering Several Amendments to Provisions Applicable to Retirement Plans (Nov 2006)
Employment Discrimination in the Hiring Process/Past Convictions (Nov 2005)
United States Supreme Court decision establishing compensable activities (Nov 2005)
Learn about the new Amendments to the Puerto Rico Unjust Dismissal Act (Oct 2005)
Senate Bill No. 268 of June 23, 2005 seeks to amend Christmas Bonus Act (June 2005)
Puerto Rico Department of Labor Publishes Regulations for its New Mediation and Adjudication Office (March 2005)
Read the proposed Revision to Regulation 13 of the Puerto Rico Dept of Labor (Jan 2005)
Amendment to the Organic Act of the Puerto Rico Department of Labor (Nov 2004)
Amendment to Puerto Rico Disability Discrimination Statute (Oct 2004)
Compensation to Nursing Personnel: Senate Bill 2635 (June 2004)
Regulation on Overtime Exemptions under the "FLSA" (April 2004)

Taxes

Sales and Use Taxes: Forms and Exemption Certificates. Read more.
Informative return on tax credit ownership - Read more
Administrative Review of Real Property Tax Notices - Read more
Amendments to Act no. 7 of March 9, 2009, Known as the "Omnibus Plan for Economic Reconstruction Act" - Read more
Back To School Tax Free Holiday. Read More...
Effective date of certain OPERA provisions postponed. Read More...
Excise Tax on Inventory on Hand of Wine and Beer - Read More...
Annual Sales and Use Tax Return (February 2009) - Read More...
Tax Article: "Navigating Puerto Rico's new Sales and Use Tax". Read more...
Puerto Rico Treasury Department Changes Sales and Use Tax Reporting Requirements for Telecommunication and Cable or Satellite Services (August 2008) - Read more...
Puerto Rico Tax Developments (August 2008) - Read more...
Limitation on Pre-Tax Contributions to Retirement Plans Is Increased - Percentage Limitation is Eliminated (August 2008) - Read more...
Governor Signs Act Providing That Certain Discharged Employees Could Receive Tax Free Payments (August 2008) - Read more...
PR Treasury Issues Revised Form to Request Extension of Time to File Annual Return for Trusts Funding Retirement Plans (July 2008) - Read more...
Proposed Act Would Amend Agricultural Tax Incentives Act to Provide Exemptions From Sales and Use Tax and to Cover Part-Time Farmers (July 2008) Read more...
Certain Discharged Employees Could Receive Tax Free Payments (July 2008) - read more...
New Exemptions from Sales and Use Tax are Approved (July 2008) - read more...
PR Treasury Changes Due Date of Form 480.70(OE) for Trust Funding Qualified Retirement Plans (July 2008) - Read more...
Incentives for the Development of Puerto Rico Small Businesses Act (July 2008) - read more...
U.S. Internal Revenue Service Issues Guidance on Transfer of Assets from U.S. Retirement Plans to Puerto Rico Plans (July 2008) - read more...
Sales & Use Tax Alert (August 2007) - read more...
Puerto Rico Treasury issues English translation of Sales and Use Tax Regulations (Jan 2007)
Puerto Rico Retirement Plans - New Update (Jan 2007)
Learn about Act 98 of May 16, 2006, also known as Act for the Imposition of an Extraordinary Tax of 2006 which requires certain taxpayers to file a special return and pay an extraordinary 5% tax on their nonexempt net taxable income. (June 2006)
PR Treasury Issues New Tables for Income Tax Withholding on Wages (Nov 2006)
Puerto Rico Treasury Department issues new regulations for retirement plans regarding 5% special tax and 5% tax prepayment. (Oct 2006)
Memo to Clients - PR Treasury Issues New Tables for Income Tax Withholding on Wages (Nov 2006)
Memo to Clients - Retirement Plans Update (Nov 2006)
Memo to Clients - Retirement Plans Update (Oct 2006)
Retirement Plans Update: Business Registry - PR Treasury Issues Guidance for Retirement Plans (Sept 2006)
Memo to Clients - Retirement Plans Update - Part VI (Aug 2006)
Memo to Clients - Municipal Sales Tax (July 2006)
Memo to Clients - Act 98 of May 16, 2006 (June 2006)
Retirement Plans Update - Part VI - Read about recent developments in the retirement plans practice in Puerto Rico (May 2006)
Retirement Plans Update - Part IV (May 2006)
Retirement Plans Update - Part III (May 2006)
Retirement Plans Update - Part II (Feb 2006)
Retirement Plans Update (Jan 2006)
Fiscal Reform (Jan 2006)
Federal and Local Tax Incentives
Final COBRA Notice Regulation (June 2004)

Corporate

Proposed Bills to Enact a New Puerto Rico Trademark Act. Read More.
Fortuño Administration Files New Puerto Rico Tourism Development Act of 2009
Fortuño Administration Files Tourism Development Legislation Package
Puerto Rico Public Private Partnerships Authority's Board of Directors Appointed; Regulations Published for Comments. Read more.
Proposed Puerto Rico Consumer's Code Bill Filed. Read more.
Puerto Rico Public Private Partnerships Authority Issues a Projects List and Launches New Website. Read More...
New Category of Specialized Hospital. Read more...
Proposed rule 91 of the regulations of the insurance code of Puerto Rico (November 2008) - Read more...
Governor-elect Fortuo announces key economic development positions (November 2008) - Read more...
During the 7th Legislative Session Several Bills Were Approved and Signed into Law by the Governor Amending the Insurance Code of Puerto Rico (August 2008) - Read more...
Trademark Alert - Puerto Rico Recent Developments (July 2008)
Identity Theft Prevention Programs Required by November 1, 2008 (July 2008)
Securities Regulations Alert: Financial Industry Regulatory Authority Commences Operations (Aug 2007)
Puerto Rico's Supreme Court issues opinion that affects all commercial establishments engaged in the business of selling alcoholic beverages to the public (Nov 2006)
One-Time Six-Month Grace Period to File Statements of Use for Certain Marks Registered Without Use in Commerce (Oct 2006)
Proposed Amendment to Regulation for the Registration of Marks Granting Grace Period to File Statements of Use for Certain Marks Registered Without Use (July 2006)
Announcement by Puerto Rico Department of State Concerning Automatic Cancellation of Certain Marks Registered Without Use (Jan 2006)
Read about Puerto Rico Supreme Court's recent discussions regarding Trademarks registered without use (Oct 2005)
Governor signs Amendment to the P.R. Warranty Law (May 2005)
Memorandum to Clients and Friends Regarding LLCs (Aug 2004)
Learn about the recent Amendments to IRA Advertising Rules in Puerto Rico (April 2005)
Mandatory Registration of Businesses in Puerto Rico (March 2005)

Environmental, Energy & Land Use

Mandatory Greenhouse Gas Reporting Rule. Read more
Lead: Renovation, Repair and Painting Program. Read more.
Executive Order Creating the Public Policy Committee on Energy - Read more
Senate Bill 880 and House Bill 1649 Law for the Reorganization and Unification of the Process for the Evaluation and Issuance of Permits. Read more.
Biomedical Waste Management Act (September 2008) - Read more...
Learn about new EPA regulations concerning standards and procedures for conducting "All Appropriate Inquiry" for Phase I Environmental Site Assessments. (Nov 2006)
Amendments to Provisions for Proper Management of Used Oil (Oct 2004)
Environmental Crimes under the New Penal Code (July 2004)

Litigation

Installation of Automated External Defibrillators in Private and Public Establishments - Read more
Supreme Court of Puerto Rico: Emotional Damages Available in Breach of Contract Cases (February 2009) - Read more...
New amendments to the Department of Consumer Affairs (DACO) Regulation on Misleading Practices and Advertisements (February 2009) - Read more...
Insurance Coverage denied in an Errors & Omissions Policy Issued to Mortgage Broker (February 2009) - Read more...
Supreme Court of Puerto Rico: Courts may modify contractual stipulations based on equitable principles of good faith to prevent an injustice (February 2009) - Read more...
Supreme Court of Puerto Rico: Conduct and Actions of Parties may Modify Written Contracts (February 2009) - Read more...
New Law Requires Businesses to Post Signs Promoting Public Awareness of Fetal Alcohol Syndrome (August 2008) - Read more...
Follow-up to McV Alert of August 29 - New Law Requires Businesses to Post Signs regarding Fetal Alcohol Syndrome (September 2008) - Read more...
Commercial Advertisement in Puerto Rico: Photograph or Image of Public Figure May be Protected under Right of Publicity (August 2008) - Read more...
EMTALA: Interpretation of "comes to" Emergency Room Extended Beyond a Hospital's Premises Under Certain Circumstances (August 2008) - Read more...
Minors unable to fully recover judgment in tort actions where parents have been held partly liable (August 2008) - Read more...
Automated Defibrillator Act (August 2008) - Read more...

Real Estate & Finance

Governor Signs Bill Establishing Fixed Fees for Notarial Services - Read more...