Monthly Archives: June 2020

20/22 Act Society’s foundation raises nearly $1 million for Puerto Rican charities

https://caribbeanbusiness.com/20-22-act-societys-foundation-raises-nearly-1-million-for-puerto-rican-charities 20/22 Act Society’s foundation raises nearly $1 million for Puerto Rican charities By Caribbean Business on January 11, 2019 SAN JUAN – The 20/22 Act Society, a membership-based organization founded in 2014 and built around Acts 20 and 22 of Puerto Rico to … Continue reading

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Study: Tax Incentives Generated Thousands of Jobs, more Expected, as a result of Act 20, Act 22, Individual Investors having moved to Puerto Rico, hiring thousands of Puerto Ricans in high paying jobs

https://caribbeanbusiness.com/tax-incentives-have-generated-thousands-of-jobs-more-expected Study: Tax Incentives Generated Thousands of Jobs, more Expected By Caribbean Business on January 26, 2016 SAN JUAN – Tax incentives created by Acts 20 and 22 of 2012 to promote exports and attract investors have generated an estimated … Continue reading

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Investors under Act 22 Create $56,647 Endowment for Centros Sor Isolina Ferré 2-1-16 Caribbean Business

https://caribbeanbusiness.com/investors-under-act-22-create-56647-endowment-for-centros-sor-isolina-ferre Investors under Act 22 Create $56,647 Endowment for Centros Sor Isolina Ferré By Caribbean Business on February 1, 2016 SAN JUAN – Nonprofit organization Centros Sor Isolina Ferré (CSIF) has announced the establishment of the Friends for Puerto Rico … Continue reading

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John Paulson Says He’s Still Considering Move to Puerto Rico 2-11-16 Bloomberg

https://www.bloomberg.com/news/articles/2016-02-11/john-paulson-says-he-s-still-considering-move-to-puerto-rico-ikiv6c1w John Paulson Says He’s Still Considering Move to Puerto Rico Michelle Kaske and Alexander Lopez February 11, 2016, 6:55 PM GMT-4 Hedge-fund manager speaks at investment conference in San Juan Paulson plans hotel expansion and condominium development QuickTake: Puerto … Continue reading

Posted in Act 20 and Act 22 large investments in Puerto Rico, conferences and presentations on Act 20 and Act 22, Uncategorized | Tagged , , , , | Leave a comment

Act 22 beneficiaries sue Puerto Rico government for breach of contract with Individual Investor decrees 6-19-20 Caribbean Business

https://caribbeanbusiness.com/act-22-beneficiaries-sue-puerto-rico-government Act 22 beneficiaries sue Puerto Rico government By José Alvarado Vega on June 19, 2020 (Screen capture of https://twitter.com/ddecpr) Allege new fee constitutes breach of tax decree contracts SAN JUAN – The 20/22 Act Society, composed of beneficiaries of … Continue reading

Posted in Lawsuits against Puerto Rican Government for breach of contracts, violations of Individual Investors Act decrees, Puerto Rico Government Breaking Act 22, Act 60 Contracts, Destroying Credibility, Robb Rill, 20/22 Act Society | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Acts 20/22 Investors File Lawsuit for Breach of Contracts 6-19-20 The Weekly Journal

https://www.theweeklyjournal.com/business/acts-20-22-investors-file-lawsuit-for-breach-of-contracts/article_acce8422-b23f-11ea-91f3-bf9f4e683225.html Acts 20/22 Investors File Lawsuit for Breach of Contracts Denounce retroactive fees and and transgressions Newsroom, The Weekly Journal Jun 19, 2020 Robb Rill, founder of The Act 20/22 Society The 20/22 Act Society—organization comprised of investors who relocated … Continue reading

Posted in Lawsuits against Puerto Rican Government for breach of contracts, violations of Individual Investors Act decrees, Puerto Rico Government Breaking Act 22, Act 60 Contracts, Destroying Credibility, Robb Rill, 20/22 Act Society | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Puerto Rico violated your tax Act 22 Individual Investors Act decree? Donate to the Class Action Lawsuit to prevent the Puerto Rican Government from circumventing the contractual decrees with their backdoor tax. $5000 Annual Compliance Filing Fee Tax is in violation of the contracts, must be overturned in court.

Coalición De Residentes Por Un Gobierno Integro LLC = Coalition Of Residents For A Government with Integrity/Honesty http://residentespr.org/2020/06/18/fundraising-begins June 18, 2020 by general Fundraising Begins See the official fundraising page for more details: https://fundrazr.com/b1esic?ref=ab_c8yp12 Puerto Rico violated your tax Act … Continue reading

Posted in Puerto Rico Government Breaking Act 22, Act 60 Contracts, Destroying Credibility | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 2 Comments

Beneficiaries of laws 20 and 22 sue for breach of contract with their decrees granted by Puerto Rico 6-19-20 Noticel

Beneficiarios de la leyes 20 y 22 demandan por incumplimiento TRANSLATED FROM SPANISH: Beneficiaries of laws 20 and 22 sue for breach They oppose the changes grouped in the new Law 60 to be retroactive By: CyberNews Posted: Jun 19, … Continue reading

Posted in Puerto Rico Government Breaking Act 22, Act 60 Contracts, Destroying Credibility, Puerto Rico wants to ENCOURAGE smart people to relocate, as a centerpiece of its recovery, to become a transformational success story like Singapore, Robb Rill, 20/22 Act Society | Tagged , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Longtime Puerto Rican citizens who bought Puerto Rico bonds say Puerto Rico tricked them. Puerto Rico has a credibility problem

https://www.bnnbloomberg.ca/puerto-rico-s-comeback-was-nigh-but-then-the-coronavirus-came-1.1449524 Puerto Rico’s Comeback Was Nigh, But Then the Coronavirus Came Jim Wyss and Michelle Kaske, Bloomberg News (Bloomberg) — Puerto Rico’s wretched luck has been as constant as its tides. But just a few months ago, it seemed to … Continue reading

Posted in disappointment with Puerto Rico, Puerto Rico Government Breaking Act 22, Act 60 Contracts, Destroying Credibility | Tagged , , , , , , , , , , | Leave a comment

Understanding Negative Changes to Act 22 – From Amendments Passed in July 2019

https://www.theweeklyjournal.com/business/understanding-changes-to-act-22/article_fbc2487e-a805-11e9-99ad-8b1aae280365.html Understanding Changes to Act 22 The New Incentives Code Includes Amendments Meant To Promote Economic Development Cynthia López Cabán, The Weekly Journal Jul 17, 2019 Since the approval of Act 22 to June 26, a total of 2,351 decrees … Continue reading

Posted in Act 22 of 2012 aka Law 22 of 2012 aka Individual Investors Act, Act 60, legislative changes and proposals | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment