Tax Practice Group

In an increasingly complex environment, today's businesses require innovative and professional advice to minimize the tax burden, and maximize the benefits of transacting business in Puerto Rico. Our firm's Tax Practice Group provides federal and local tax advice on the formation, operation, restructuring and disposition of business entities in the Island.

Many established businesses and new entrepreneurs have McConnell Valdés' Tax Practice Group to assist them in establishing or relocating businesses to Puerto Rico. We are at the forefront of knowing the details and assisting our clients with using Puerto Rico's Tax Exemption incentives to their best advantage.

Our Tax Attorneys, most of whom have post-graduate law degrees in taxation or are Certified Public Accountants, counsel and work closely with our clients on the appropriate choice of entity upon initial business formation. They provide expert and sound business tax advice in all areas of taxation, with a solid background, high level of competence in the areas of Puerto Rico and federal tax issues, excise and municipal licenses and taxes. Our attorneys also represent clients in tax related litigation in local and federal courts.

In addition to the broad range of tax issues that arise in connection with clients' ongoing business activities, the firm's tax practice covers real estate purchase and sale, Mergers and Acquisitions, joint ventures, and other transactions. The firm's tax attorneys also advise clients on equipment leasing, financing, executive compensation issues, as well as year end tax planning and Employee Benefits.

There are a multitude of firms representing businesses that cannot provide the expert and all-encompassing legal tax perspective McConnell Valdés' Tax Practice Group has to offer. Our clients receive tax advice from skilled, experienced attorneys who have handled many tax law issues and are who are fully versed in the regulation and operation of all types of businesses in Puerto Rico. The results for our clients, in the end, are tangible cost efficiencies. This is our advantage as well as our strength.