Category Archives: legislative changes and proposals

KPMG report would increase taxes by $2.5 billion a year

http://www.caribbeanbusinesspr.com/prnt_ed/kpmg-report-would-increase-taxes-by-$2.5-billion-a-year-10909.html KPMG report would increase taxes by $2.5 billion a year By : JOHN MARINO & ROSARIO FAJARDO marino@caribbeanbusiness.pr; rosario@caribbeanbusiness.pr; cbprdigital@gmail.com Edition: February 12, 2015 | Volume: 43 | No: 5 Broad range of interest groups clamoring for exemptions Stating … Continue reading

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Governor signs bills to allow private equity funds, cut auto excise taxes

http://www.caribbeanbusinesspr.com/news/governor-signs-bills-to-allow-private-equity-funds-cut-auto-excise-taxes-102151.html Governor signs bills to allow private equity funds, cut auto excise taxes By CB Online Staff cbnews@caribbeanbusinesspr.com; cbprdigital@gmail.com Gov. Alejandro García Padilla signed legislation Tuesday enabling the local launch of private-equity funds, a move proponents say could raise $1 … Continue reading

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Acts 20/22 here to stay, DDEC’s Bacó says

http://www.caribbeanbusinesspr.com/prnt_ed/acts-20-22-here-to-stay-ddecs-baco-says-10908.html Acts 20/22 here to stay, DDEC’s Bacó says By : XAVIRA NEGGERS CRESCIONI xavira@caribbeanbusiness.pr; cbprdigital@gmail.com Edition: February 12, 2015 | Volume: 43 | No: 5 While KPMG’s tax-reform report calls for changes to the Acts 20/22 program, these lures … Continue reading

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Legislation sweetens Acts 20/22 incentives

http://www.caribbeanbusinesspr.com/prnt_ed/legislation-sweetens-acts-20-22-incentives-10713.html Legislation sweetens Acts 20/22 incentives By : JOHN MARINO marino@caribbeanbusiness.pr; cbprdigital@gmail.com Edition: December 11, 2014 | Volume: 42 | No: 48 Bills awaiting enactment to enable more investors, professional service firms to benefit New legislation expected to be enacted … Continue reading

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