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Investors under Act 60 receive tax incentives including a 4% fixed income tax rate, a 75% property tax exemption and a full exemption on capital gains accrued while residing in Puerto Rico.
Biz Views
Op-Ed: How a financial consultant can help PEFs optimize Act 60 incentives
Michelle Kantrow March 1, 2023

Act 60 offers attractive benefits to private equity funds (PEFs) that establish operations on the island.

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In-Brief
Dulzura Borincana expands to int’l markets with its typical candies
Yamilet Aponte-Claudio March 1, 2023

The local company started in 1998 with three products and now have more than 60 varieties.

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In-Brief, Nonprofit organizations
Housing Dept. to install solar panels at Zorzal Apartments in San Juan
Contributor March 1, 2023

The improvements to the multifamily complex will provide a safe place for the formerly homeless to live and receive the services they require.

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QUOTE OF THE WEEK:

“The systems and services for social support, health care and assistance have not evolved at the necessary pace. Puerto Rico must adapt its public policies to the realities of an aging population.”

 

— Estudios Técnicos report

 

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