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Seminar slated on impact of Puerto Rico tax code changes

Topics on the agenda include changes to the sales and use tax, state ‘patentes,’ income tax rates and how to effectively face the increased costs of doing business.

Topics on the agenda include changes to the sales and use tax, state ‘patentes,’ income tax rates and how to effectively face the increased costs of doing business.

The Made in Puerto Rico Educational Institute of the Puerto Rico Products Association will offer a seminar titled “Impact of the changes to Puerto Rico’s tax system on your business,” which aims to provide guidance on the recently enacted changes to the island’s tax code and their impact on local companies.

The seminar will take place Aug. 15, from 1:30 a.m. to 4:30 p.m. at the Pontifical Catholic University in Ponce’s School of Architecture.

This seminar aims to provide guidance on tax code changes and their impact on business. Topics include changes to the Sales and Use Tax (IVU, as it is knowns by its initials in Spanish), state ‘patentes,’ income tax rates and how to effectively face the increased costs of doing business.

Slated to speak are: Angel Marzán-Santiago, deputy secretary of the Treasury Department’s Internal Revenue division; CPAs Sylvia Reyes and Jorge Guzmán, who are also senior tax managers at Kreston TLSR, LLC.

The seminar will be free of charge for Puerto Rico Products Association members, and there is also space available for non-members. For information, call Mirtha Ventura al 787-753-8484 or via email to: [email protected].

Author Details
Author Details
Business reporter with 30 years of experience writing for weekly and daily newspapers, as well as trade publications in Puerto Rico. My list of former employers includes Caribbean Business, The San Juan Star, and the Puerto Rico Daily Sun, among others. My areas of expertise include telecommunications, technology, retail, agriculture, tourism, banking and most other segments of Puerto Rico’s economy.
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