Publications Archive
- U.S. Court of Appeals Upholds Ruling Invalidating Puerto Rico Recovery Act
U.S. Court of Appeals Upholds Ruling Invalidating Puerto Rico Recovery Act
- Cuba Practice Team,
U.S. and Cuba announce reopening of embassies in Havana and Washington, D.C.
- Update Regulations for Exempt Employees Announced
President Obama Announces Notice of Proposed Rulemaking to Update Regulations for Exempt Employees
- Recent Legislation Affecting the Labor & Employment Law Area
Recent Legislation Affecting the Labor & Employment Law Area
- Treasury Issues Guidelines on Returns of Taxable Items and Pre-Existing Agreements
Treasury Issues Guidelines on Returns of Taxable Items and Pre-Existing Agreements
- DACO Issues New Advertising Regulation
DACO Issues New Advertising Regulation
- Increase to Use Tax Bonds due to the enactment of Act 72-2015
Increase to Use Tax Bonds due to the enactment of Act 72-2015
- DACO Issues New Regulation
DACO Issues New Regulation
- USEPA Issues Revised Multi-Sector General Permit
USEPA Issues Revised Multi-Sector General Permit
- Act 72 Amends the Puerto Rico Internal Revenue Code of 2011
Summary of the most significant provisions of the Act modifying current statutory provisions dealing with individual and corporate income taxes.
- Act 72 Amends the Puerto Rico Internal Revenue Code of 2011 - Part II
Summary of the most significant provisions of the Act amending the sales and use tax provisions of Subtitle D of the Code, and adding a new Subtitle DD to the Code to include the value added tax provisions.
- Tax Free Holidays Announced
Sales tax holidays for uniforms and school supplies announced.
- Tax Reform House Bill 2482 Alert #3
- Tax Reform House Bill 2482 Alert #2
This is the second Tax Alert on the recently unveiled House Bill 2482 to amend the Puerto Rico Internal Revenue Code of 2011.
- Tax Reform House Bill 2482
House Bill 2482 introduced in the Puerto Rico Legislature in an effort to reach a consensus to raise revenues and obtain a balanced budget for fiscal year 2015-2016.
- Procedure to Benefit from the Tax Amnesty
Procedure to Benefit from the Tax Amnesty
- PR Supreme Court Holding Regarding Municipal Authority to Impose Municipal License Tax
Recent Puerto Rico Supreme Court Holding Regarding the Municipal Authority to Impose Municipal License Tax.
- Puerto Rico Department of Treasury issues Administrative Determination 15-05
Automatic Release of Imports Repealed for Non-Bonded Importers
- Act 44-2015
Act 44-2015 Implements an Incentives Plan for the Payment of Taxes
- Incentives Act for the Payment of Taxes Prior to the Tax Transformation
Additional Period of Time to Pay or Prepay Income Taxes: Retirement Plans, Individual Retirement Accounts and Education Contribution Accounts
- Puerto Rico and Dominican Republic Formalize Commercial Agreements
Agreements designed to foster closer and more productive relations between Puerto Rico and the Dominican Republic reached.
- The Act to Transform Puerto Rico's Tax System: Individual and Corporate Income Tax
Summary of the most significant provisions of the bill modifying current statutory provisions dealing with individual and corporate income tax.
- The Act to Transform Puerto Rico's Tax System: Conduit Entities
Summary of the most significant provisions of the Code dealing with “conduit entities.”
- Puerto Rico Energy Commission adopts Regulation No. 8543
Puerto Rico Energy Commission Promulgates Regulation for Adjudicative
Procedures, Non-Compliance Notices, Investigations and Rates Review - The Act to Transform Puerto Rico's Tax System
The Act to Transform Puerto Rico's Tax System
- Puerto Rico Public Corporation Debt Enforcement and Recovery Act Unconstitutional
Federal Court declares Debt Restructuring Act for Puerto Rico Public Corporations unconstitutional; permanently enjoins government from enforcing it.
Reminder: Sponsors of PR Qualified Retirement Plans May Be Required to File with
PR Treasury by April 15, 2015 any Plan Restatements and Certain Specific
Amendments to Meet PR Tax Qualification Requirements- Interconnection Procedures and Net Metering Standards
The Puerto Rico Energy Commission issues Order No. CEPR-MI-2014-0001
- Electronic Payments of Estimated Personal Property Tax
The Municipal Revenue Collection Center (“CRIM”) issues Circular Letter No. 2015-01.
- Environmental,
CIFP Act adopts a digital code which will substitute all permits, certification, licenses and the like which must be posted at any premises, industry or commercial establishment.
- Cuba Practice Team,
Beginning January 16, 2015, the United States government will ease Cuba trade and travel restrictions charting a new course in U.S.- Cuba relations.
- Tax & Retail,
January 2015 Tax Free Holiday Reminder
- Act. No. 238
Act. No. 238 Extends Tax Prepayment of Accrued Value of Benefits on Retirement
Plans and IRAs until January 31, 2015 - Obama Administration Charts a New Course for U.S. - Cuba Relations
Obama Administration Charts a New Course for U.S. - Cuba Relations
- Technical Amendments to the Puerto Rico Internal Revenue Code of 2011
Technical Amendments to the Puerto Rico Internal Revenue Code of 2011
- Alternate Procedure for Filing Supplemental Information for Taxable Year 2013
Puerto Rico Department of the Treasury issues Administrative Determination 14-28
- PR Treasury Announces 2015 Retirement Plan Limitations
Puerto Rico Treasury issues Circular Letter of Tax Policy No.14-05 notifying the cost-of-living adjustments announced by the IRS for taxable year 2015.
- Windsor Amendments Deadline Approaching
Puerto Rico Qualified Plans Must be Amended on or before December 31, 2014, to comply with the Post Windsor Requirements.
- Existence of Private Residential Roads Recognized under Puerto Rico Law
Puerto Rico Supreme Court Recognizes the Existence of Private Residential Roads under Puerto Rico Law
- New Private Equity Funds Act Enacted
Senate Bill No. 862 becomes Act. No. 185, the new Private Equity Funds Act.
- Municipal License Tax Amnesty Approved by the Municipality of San Juan
The Municipality of San Juan implements municipal license tax amnesty.
- Automatic Release of Imports Repealed
PR Department of Treasury issues Administrative Determination No. 14-27
- Electronic Remittance of the 2% Special Charge on Money Transfers
Puerto Rico Treasury Department issues additional guidance regarding the remittance options with of the 2% Special Charge on eligible money transfer transactions.
- Act 174 Extends Incentive Plan on Amounts owed by Employers
Act 174 Extends Incentive Plan on Amounts owed by Employers
- Renewal Reminder: Reseller and Municipal Sales and Use Tax Exemption Certificates
Renewal Reminder: Reseller and Municipal Sales and Use Tax Exemption Certificates
- PR Treasury Publishes AD 14-26
PR Treasury Postpones Enforcement of 2% Charge on Money Transfers
- PR Treasury Issues AD 14-25
PR Treasury issues guidance with respect to municipal sales and use tax returns
- Names of certain forms amended
PR Treasury issues Tax Policy Informative Bulletin No. 14-02 informing name change for certain forms.
- Acts 160 and 169
Acts 160 and 169: Two new laws that significantly affect Employment Law in Puerto Rico
- PR Treasury issues Circular Letter of Tax Policy No.14-02
Additional Guidelines Regarding Tax Prepayment on Retirement Plans Accrued Balances
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