Ocasio works at our firm as Consulting Manager
Chapter 10 of the recently enacted Act 60 of 2019, known as "Puerto Rico Incentives Code," provides incentives for young entrepreneurs who are committed to establish successful business operations that would create jobs in Puerto Rico
With just a month until the end of 2020, many individual resident investors in Puerto Rico may feel unsure about their Puerto Rico bona fide resident status.
Compliance Guideline for Community Medical Services under Act 14 and Act 60
DDEC issued guidelines for compliance with community medical services for qualified physicians under Act 14 of 2017 and Act 60 of 2019.
Procedures to Claim Carryback of Net Operating Losses Generated During 2020
On November 17, 2021, the Puerto Rico Treasury Department issued Administrative Determination 21-09 (AD 21-09), where it establishes the procedures that allow eligible taxpayers to claim carryback of net operating losses due to the COVID-19 emergency in Puerto Rico.
Summary of Deadline Extensions for 2020 Tax Season
In our March and April 2021 Tax Alerts, we analyzed t
