In this issue: On its Internal Revenue Informative Bulletin No. 18-24, the Treasury Department (TD) informs that beginning on January 1, 2019 the 7%
Individual TaxResidents of Puerto Rico are subject to federal income tax on their worldwide income. However, U.S. Code Section 933 permits a bona fide individual
Registration and Authorization Before conducting business locally, all corporations or limited liability companies must register at the Puerto Rico State Department. Puerto Rico corporations
Torres CPA Group is ready to provide valuable assistance in a timely, professional manner. Clients rely on us for a wide variety of financial services carried out by experts who are specialists in their fields. Our industry knowledge and dedication to customer service have allowed to us to grow along with our clients.
