News Puerto Rico Taxes: Puerto Rico Extends Act 60 Resident Investor Program to 2055 and Introduces New 4% Tax Regime for Future Applicants
High-net-worth investors, fund managers, and entrepreneurs considering relocation to Puerto Rico now face a narrowing window to secure the most...
News Puerto Rico Taxes: Puerto Rico's Act 60, Income Sourcing and IRS Scrutiny in the Age of Cryptocurrency
Puerto Rico Tax Incentives Code (Act 60) provides major tax advantages, but only for taxpayers who meet strict residency and sourcing requirements. The IRS is actively enforcing these rules. This can ...
News Puerto Rico Taxes: Puerto Rico bill would expand R&D tax credits via universities
Measure adds bonuses, spending tests and reporting rules. #NewsismyBusiness - Stay updated with the latest Puerto Rico business news, economy insights, finance, retail, tourism, and more from News is my Business.
News Puerto Rico Taxes: Support for Tax Equality for All Residents of Puerto Rico
Paulson Puerto Rico joins the discussion on legislative proposals linked to tax reform that would establish a universal 4% tax rate on capital gains, interest, and dividends ...
News Puerto Rico Taxes: Financial Institutions Commissioner says Puerto Rico’s banking system is sound
Natalia Zequeira DÃaz said that institutions operating on the island will not be affected by the closures of Silicon Valley Bank and Signature Bank, which collapsed in a surprise move over the weekend
News Puerto Rico Taxes: Hurricane Fiona: Tax Relief Available for Puerto Rico Victims
Residents and business in Puerto Rico affected by Hurricane Fiona, which began impacting the island on September 17, now have until February 15, 2023, to file and pay certain federal taxes.
News Puerto Rico Taxes: As bankruptcy ends, board seeks to boost Puerto Rico economy
A federal control board that oversees Puerto Rico's finances says it will focus on growing the island's economy as the U.S. territory emerges from a drawn-out bankruptcy process ...
News Puerto Rico Taxes: Economic oversight board unveils Puerto Rico growth blueprint
A federal oversight board has unveiled a new growth-centric economic plan for Puerto Rico, which has recently emerged from a prolonged bankruptcy process.
News Puerto Rico Taxes: Tax Deadlines Extended for Puerto Rico Storm Victims
The IRS has granted victims of a recent natural disaster in Puerto Rico more time to file various individual and business tax returns and make tax payments. Specifically, victims of the severe ...
News Puerto Rico Taxes: 2022's Best Tax Loss Bargain: BankFinancial
BankFinancial deserves a scarcity premium. Buy BankFinancial for under $10 in December 2022. Read why BFIN stock will rise in the coming months.
News Puerto Rico Taxes: What is the Puerto Rico independence bill and what would it mean?
Puerto Rico has been a US territory since 1898 and its 3.2 million residents are American citizens but are not entitled to vote in presidential elections, do not pay federal income tax on money ...
News Puerto Rico Taxes: An Emerging Trend in Mass Torts: Move to Puerto Rico!
An inaugural mass tort conference in Puerto Rico includes ocean-side cocktails, a concert and a VIP boat party. The lawyers are taking advantage of a new law that provides tax incentives to ...
News Puerto Rico Taxes: Puerto Rico’s January and February revenues were up 22.4%
Puerto Rico’s General Fund revenues in January and February ... In the current fiscal year from July to February, net revenues are up 14.5% compared to a year earlier. The tax categories with the ...
News Puerto Rico Taxes: When Tiny Tech Tweaks Wreak Havoc On Tax Laws
Roxanne Bland examines the technological changes that have thrown state tax laws and regulations into disarray.