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

Labor & Employment Law

Labor & Employment Law Alert: NLRB Issues Rule Requiring Employers to Post Notice Regarding Employee Rights. READ MORE
Amendments to Act 44 Require Recreational Facilities to Become Handicap Accessible (Aug 2011). READ MORE
Puerto Rico Treasury Department Issues Proposed Act 154 Regulations. (Dec, 2010) Read more.
Patient's Bill of Rights and Responsibilities Amended to Adopt main Provisions of the Federal Health Reform Statute. (Nov, 2010) Read More.
Obama Administration Issues Key Final Interim Regulations Regarding Patient Protection and Affordable Care Act. (Sept, 2010) Read more.
U.S. Court of Appeals decides pharmaceutical sales representatives are nonexempt employees. (August, 2010) Read more.
Spring/Summer 2010 Labor Perspectives Edition July 2010. Read More.
Health Care Reform Impacts Employers and Group Health Plans (March 2010). Read more.
COBRA/ARRA Premium Subsidy Extended Through March 31, 2010 (March 2010). Read more.
Labor & Employment Law Legislation Update (January 2010). Read more.
Amendments to the Closing Law Change How Retail Establishments May Operate On Sundays (Winter 2009-10). Read more.
COBRA/ARRA Premium Subsidy Extended (December 2009). Read more.
Amendments to the Puerto Rico Closing Law (November 2009). Read more.
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

Tax Alert: Puerto Rico Enacts a Tax Amnesty. Read more.
Tax Alert: Withholding Agents Required to Report Electronically. Read more.
Tax Exemption Alert: The Puerto Rico Investment Promotion Act of 2011. Read more.
TAX ALERT: Puerto Rico Treasury Department Notifies Changes to Filing Forms to Conform to IVU Loto Program. Read more.
TAX ALERT: Puerto Rico Treasury Department Notifies Changes to Filing Forms to Conform to IVU Loto Program. (Sep 2011) Read more.
Enactment of 2011 PR Code Technical Amendments Bill Could Bring Additional Changes to Retirement Plans in Puerto Rico. (Aug 2011) Read more.
Puerto Rico Treasury Department Issues New Income Tax Withholding Tables on Wages and Withholding Exemption Certificates under 2011 PR Code. (Aug 2011) Read more.
IRS Announces Project Focused at Retirement Plans in Puerto Rico. (Aug 2011). Read more.
TAX & RETAIL ALERT: Amnesty for notification of changes to Merchant's Registration Certificate. Read more.
TAX & RETAIL ALERT: IVU Loto Program Compliance Deadline. Read more.
TAX ALERT: Annual Report for Exempt Businesses due 30 days after due date for filing PR Income Tax. Read more.
TAX ALERT: Economic Incentives for the Development of the Puerto Rico Film Industry. Read more.
TAX ALERT: Choice of Entity Determinations Under the New Internal Revenue Code. Read more.
Choice of Entity Determinations Under the New Internal Revenue Code. (Mar, 2011) Read more.
IRS issues notice on creditability of Act 154 Excise Tax. (Mar, 2011) Read more.
Commencement of Mandatory Real Property Tax Registry. (Mar,2011) Read more.
New Regulations on ADA Standards for Accessible Design and Nondiscrimination. (Mar, 2011) Read more.
The new Internal Revenue Code of 2011 introduces many important changes to the Puerto Rican tax system, and, in some instances, requires immediate attention by entities operating in Puerto Rico. (Mar, 2011) Read more.
TAX ALERT: Commencement of Mandatory Real Property Tax Registry. (Mar, 2011) Read more.
Retirement Plans Significantly Impacted by the 2011 Puerto Rico Internal Revenue Code. (Feb, 2011) Read more.
Technical Amendments to the Puerto Rico Internal Revenue Code of 1994 dealing with the Source of Income Rule and Excise Tax Act No. 154. (Feb, 2011 Read more.
New Puerto Rico Internal Revenue Code Enacted. (Feb, 2011) Read more.
Puerto Rico Treasury Department testing its sales and use tax control program. (Jan 2011) Read more.
PR Treasury Issues Transitory Income Tax Withholding Tables for Wages Paid after December 31, 2010. (Jan, 2011) Read more.
Puerto Rico Treasury Department Issues Final Act 154 Regulations. (Jan, 2011) Read more.
Enactment of 2011 PR Code Technical Amendments Bill Could Bring Additional Changes to Retirement Plans in Puerto Rico. (Aug 2011). READ MORE
Puerto Rico Treasury Department Issues New Income Tax Withholding Tables on Wages and Withholding Exemption Certificates under 2011 PR Code. (Aug 2011). READ MORE
IRS Announces Project Focused at Retirement Plans in Puerto Rico. (Aug 2011). READ MORE
Puerto Rico Ports Authority to Impose Inbound Containers Fees. (Dec 2010) Read more.
Employee Social Security Tax Withholding Rate Reduced for 2011 (Dec, 2010) Read more
Puerto Rico 2010 Tax Reform - New Banking Reporting Requirements - Informative Return on Certain Financial Credit Transactions. (Dec, 2010) Read more.
Phase One of the Puerto Rico 2010 Tax Reform and Establishment of Voluntary Declaration Program are Signed into Law / Phase Two of the Puerto Rico 2010 Tax Reform Already Before the Puerto Rico Legislature. (Dec, 2010) Read more.
Act 154 Regulations. (Dec, 2010) Read more.
Technical Amendments to New Puerto Rico Taxes on Certain Foreign Corporations. (Nov, 2010) Read More.
The Puerto Rico Department of Treasury Issues Administrative Determination on Immediate Tax Benefit to Taxpayers Filing Individual Income Tax Returns. (Nov, 2010) Read More.
Phase One of Puerto Rico 2010 Tax Reform and Voluntary Declaration Program. (Nov, 2010) Read More.
New Puerto Rico Taxes on Certain Foreign Corporations. (October, 2010) Read more.
New Law Will Expedite Procedures for the Renewal of Internal Revenue Licenses and Eliminates Jewelry Licenses (September, 2010). Read more.
Real Estate Market Stimulus Act of 2010 (September 2010) Read More.
Amnesty on Personal and Real Property Tax Debts Enacted. (July 2010) Read More.
2010 Back To School Tax-Free Holiday (June 2010). Read More.
IRS Issues Revised Form 941-PR for Employers to Claim Social Security Tax Exemption Under HIRE Act (May 2010). Read more.
New Bill would limit certain Real Property Tax Exemptions in Foreign Trade Zones (May 2010). Read more.
Revocation Parameters for the Sales and Use Tax Exemption Certificate (April 2010). Read More
IRS Issues New Form For Employees Under Hire Act (April 2010). Read More.
Puerto Rico Treasury Department Issues Guidance on Tax Treatment of Severance Payments Under Act No.80 After Puerto Rico Supreme Court Decision in Orsini (March 2010). Read more.
New Puerto Rico Supreme Court Decision Addresses Tax Consequences of Severance Payments Under Act No. 80 (February 2010). Read more.
Hire Act Provides Payroll Tax Holiday (March 2010). Read more.
Regulation on the Filing of Reports under the Economic Incentives for the Development of Puerto Rico Act (January 2010). Read more.
Special Sales and Use Tax and Debt Collection Unit (January 2010). Read More.
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

IRS extends the relief period of Revenue Ruling 2008-40 until January 1, 2012. (Dec, 2010) Read more.
Phase One of the New Puerto Rico Health Insurance Code. (Nov, 2010) Read more.
New Pharmacy Regulation Becomes Effective Today. (September 2010) Read more.
Amendments to the Puerto Rico General Corporation Law (June 2010). Read more.
Financial Intermediation Business Act (May 2010).
United States Health Care Reform (April 2010). Read more.
Puerto Rico Appellate Court Revokes Certificate of Need to allow presentation of evidence by application opponent (April 2010). Read more.
PRIDCOs Position on Senate Bill 1355 (February 2010). Read more.
New Puerto Rico Trademarks Act (January 2010).
New Puerto Rico Corporation Law (December 2009).
Amendments to the Puerto Rico Pharmacy Act singed into law (November 2009). Read more.
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

Plastic Bags Recycling Regulation (December, 2010) Read More.
Planning Board Issues Draft Joint Regulation for Construction and Land Use Permits (June 2010). Read more.
Final Rule Prevention of Significant Deterioration and Title V Greenhouse Gas Tailoring Rule (June 2010). Read more.
Wheeling Transmission Regulation, Wheeling Interconnection Procedure and Wheeling Systen Tariff (May 2010). Read More
Renewable Energy Reform Legislation (April 2010). Read more.
New and Amended Construction General Permit Requirements (January 2010). Read more.
Energy Generating Facility Emissions Reduction Act (November 2009). Read more.
Mandatory Greenhouse Gas Reporting Rule (October 2009). Read more
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

Puerto Rico Supreme Court Issues Decisions Favoring Commercial Arbitration and Adopting a Reasonableness standard for Noncompetition Clauses in Franchises Contracts. (Dec 2010) Read more.
Plastic Bags Recycling Regulation (December, 2010) Read More.
New DACO Advertising Regulation. (October, 2010) Read more.
Amendments to the Puerto Rico Closing Law. (August, 2010) Read more.
Plastic Bags Elimination Bill Passed by Puerto Rico Senate (April 2010). Read More.
New Sweepstakes Regulation (November 2009). Read more.
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

Real Estate Market Stimulus Act of 2010 (September 2010) Read More.
Governor Signs Bill Establishing Fixed Fees for Notarial Services (August 2008) - Read more...