Special Tax Treatment & Requirements

Use and Maintenance of Vehicles
Doctors and Agents’ Operation under a Corporation
PR IRS Debt Payment Plans
Pension Plan Deductions Limits
Employee Reimbursement
Mathematical Error in a Tax Return

Tags: Business, Doing Business in Puerto Rico, Nonresidents, Puerto Rico Tax Incentives, recipients, Startup, Tax, Withholding

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EARNED INCOME CREDIT

Law 257 of December 10, 2018 (Law 257-2018) established a new Earned Income Credit (EIC) for individuals that have lived in Puerto Rico for the

2022-09-19 No Comments

Gradual Implementation of the State Minimum Wage

On January 1, 2022, the gradual increase of the state minimum wage began to be in effect. Law 47 of September 21, 2021 (Law

2022-01-19 No Comments

10% WITHHOLDING EXEMPTION FOR THE YEAR 2022

Since the beginning of 2019, any person engaged in doing business in Puerto Rico and paying for rendered services to another person must deduct and

2021-12-14 No Comments

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