MATTERS RELATED TO THE STATE INSURANCE FUND CORPORATION By: Carlos R. González Martínez In the coming days, a payroll related filing is due that is obligatory for every business. I am referring to the annual payroll declaration that must
Beneficial Ownership Information (“BOI”) Report Update By: Felipe Mariani On October 4, 2023, the Puerto Rico Treasury Department (“PRTD”) issued the Internal Revenue Circular Letter 23-13 (“CL 23-13”) to inform of the procedures that must be followed to request
By: Nelson R. González Municipality of Guaynabo – Tax Incentives Program On July 3, 2023, the Mayor of Guaynabo signed Ordinance No. 47, 2022-2023 Series (the “Ordinance”), to repeal Ordinance No. 4, Series 2018-2019, and to establish a Tax
Puerto Rico Treasury Department establishes Procedure to Request Sales and Use Tax Exemption on Solar Electric Equipment By: Felipe Mariani Franco On October 4, 2023, the Puerto Rico Treasury Department (“PRTD”) issued the Internal Revenue Circular Letter 23-13 (“CL