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Tax Alert

House Bills 1919 and 1921 proposed

May 27, 2014

House Bill 1919 proposes to amend Act 73, known as the Economic Incentives for the Development of Puerto Rico Act, and Act 83, known as the Green Energy Incentives Act. HB 1921 seeks to provide individuals between the ages of 16 and 26 with certain tax exemptions and establish a series of government programs designed to facilitate and promote the professional and entrepreneurial development of this group on the Island.

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