Puerto Rico has a tax system that no one consciously would have built from the ground up.
The Puerto Rico Society of CPAs warned over the weekend about the implications of certain technical amendments approved in the Tax Reform during the legislative session ended last week, which were introduced at the last minute and without having been discussed in public hearings. David González-Montalvo, president of the CPAs, said “many of the amendments […]
The Tax Affairs committee of the Puerto Rico Chapter of the Association of General Contractors of America (AGC-PR) asked the Treasury Department and offered its help to establish clear and uniform rules for the application in the construction industry of certain adopted changes under the Tax Reform of 2019. This request was made at the […]