DDEC steps up audits, enforcement of tax incentives
October 24, 2025
The agency has audited nearly 1,800 decrees in 2025, tightened background checks, and expanded penalties to ensure compliance with Act 60. #NewsismyBusiness
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Sen. Wyden questions Pantera founder on Puerto Rico tax breaks
October 2, 2025
Senator says Morehead may have avoided $100M in US taxes. #NewsismyBusiness
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Puerto Rico bill would grant tax breaks to ice factories
September 18, 2025
Measure cites their role during disasters to add to incentives code. #NewsismyBusiness
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New bill targets crypto tax break in Puerto Rico
April 23, 2025
Rep. Nydia Velázquez seeks to make digital asset income federally taxable for mainland investors on the island. #NewsismyBusiness
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Accipital, DECA Analytics partner to promote Act 60 in South Korea
November 15, 2024
The collaboration aims to help South Korean firms establish a U.S. market presence through Puerto Rico’s tax incentives. #NewsismyBusiness
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House files bill to move forward on granting tax relief for working class
December 19, 2023
If passed, the bill would grant $250M in tax incentives to the working class following an agreement between Gov. Pierluisi and the Financial Oversight and Management Board for Puerto Rico. #NewsismyBusiness
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Tax incentives granted to women-led businesses in Río Piedras
February 24, 2023
The four entrepreneurs are creating 24 jobs and investing more than $616,000.
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Blockchain Trade Association offers tax incentive workshops
February 2, 2023
Aimed at educating entrepreneurs, community leaders, founders and investors on how to "take advantage of the benefits of Law 60."
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Op-Ed: Key tax incentives for small businesses in Puerto Rico
April 4, 2022
The pandemic devasted small- and medium-sized businesses across the United States, and those in Puerto Rico were no exception. For instance, the Puerto Rican restaurant industry alone lost $398 million in sales during 2020. Even with lockdowns and restrictions now lifting, many businesses are still feeling the financial ripple effects of closures and diminished revenues, […]
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Film Industry fund exhausts full $38M FY22 tax credit budget on 4 projects
June 29, 2021
The Department of Economic Development and Commerce’s (DDEC, in Spanish) Film Industry Development Program has already assigned the full $38 million in tax credits available for Fiscal 22 to just four productions, before the start of the year on July 1, News is my Business confirmed. The situation has surprised local industry executives and drawn the attention of […]
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Espacios Abiertos sues P.R. gov’t for information on tax incentives
November 7, 2018
Nonprofit organization Espacios Abiertos asked the San Juan Superior Court to enforce Puerto Rico’s constitutional right to access to information.
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Proposed tax incentives add ‘layer of complexity’ to P.R.’s difficulties
August 7, 2018
The government’s attempt to overhaul Puerto Rico’s tax code into an easy-to-monitor regime “adds yet another layer of complexity” to the island’s already complicated situation.
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South Carolina’s Synergi Partners opens new office in P.R.
August 7, 2018
Synergi Partners, company focused on matters of tax incentives and hiring credits, announced the opening of a new office in San Juan, where it has been actively involved in supporting the island’s post-hurricane economic recovery.
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PR Business Link launches ‘Tax Incentive Calculator’
July 26, 2016
PR Business Link, an organization that caters to recipients of government incentives through Acts 20/22, on Monday launched a new “Tax Incentive Calculator,” an online tool to help entice new investors and businesses to Puerto Rico, which will bring new and increased business to local companies.
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P.R. to showcase tax incentives in June 29 NY conference
June 22, 2016
A trio of Puerto Rico-based, private-sector companies will be hosting the “Puerto Rico Tax Incentive Conference” in New York on June 29, to showcase the tax incentives and competitive advantages that make the island “an ideal investment destination.”
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