
RETURN-TO-WORK INCENTIVES PROGRAM
One of the responses of the Federal Government to deal with the financial difficulties caused by the pandemic was the approval of the “American
One of the responses of the Federal Government to deal with the financial difficulties caused by the pandemic was the approval of the “American
In its Administrative Determination No. 19-07, the Treasury Department (TD) explains penalties to be imposed on merchants for not complying with the requirements of
By means of Administrative Determination No. 19-05 (AD 19-05), the Treasury Department (TD) informs on the postponement of the date on which merchants
On its Internal Revenue Circular Letter No. 19-10 (CC RI 19-10), the Treasury Department informs on the rules, procedures, and dates on which both
Moving to Puerto Rico does nothing to shelter previous appreciation/loss capital gains/loss Determining how to split a capital gain between appreciation/loss that happened
In this issue: As part of the implementation of Law No. 257 of December 10, 2018, known as Tax Reform, the Treasury Department (TD)
Payment for services rendered in Puerto Rico by Entities Doing Business in Puerto Rico duly registered in Puerto Rico State Department Any naturalized
As a result of the Phase II transition to the Unified Internal Revenue System (SURI) completed on December 10, 2018, all employers, withholding agents,
In this issue: As a supplement to the tax incentives provided by Acts 20 and 22, some municipalities of Puerto Rico have added benefits
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%
Effective January 1, 2019, and in order to simplify the rules for the deposit of withholdings of salaries as well as comply with the recent
At the end of December each year, the Treasury Department (TD) automatically issues partial and total waivers from the 7% withholding. Individuals or entities
The Treasury Department (TD) revises and publishes the new versions of the Withholdings Vouchers and of the Informative Declarations that must be submitted annually
By means of its Internal Revenue Circular Letter No. 18-13 (CC RI 18-13), the Treasury Department (TD) informs that from December 10, 2018, all
By means of Executive Order 2018-033 (OE-2018-033), the Governor of Puerto Rico established the minimum wage of $15.00 per hour for employees that work in
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