On November 15, 2017, the Puerto Rico Department of the Treasury (the "PR Treasury") issued Administrative Determination Number 17-29 ("AD 17-29") to provide special rules and procedures applicable to distributions from...more
11/21/2017
/ Compensation & Benefits ,
Employee Benefits ,
Executive Orders ,
Hardship Distributions ,
Hurricane Maria ,
Income Taxes ,
Individual Retirement Account (IRA) ,
Natural Disasters ,
Puerto Rico ,
Qualified Retirement Plans ,
Retirement Plan
On November 8, 2017, the Governor of Puerto Rico signed Executive Order No. 2017-067 (“EO 2017-067”) authorizing the Secretary of the Department of the Treasury (the “PR Treasury”) to establish tax rules for distributions...more
In the aftermath of Hurricane Maria's catastrophic impact on Puerto Rico, in order to assist in rebuilding and recovery, Puerto Rico’s governor and several agencies have issued multiple exemptions to previously established...more
10/17/2017
/ Administrative Orders ,
Building Permits ,
Construction Industry ,
Construction Project ,
Critical Infrastructure Sectors ,
Diesel Fuel ,
Excise Tax ,
Executive Orders ,
Exemptions ,
Extensions ,
Federal Contractors ,
Government Agencies ,
Hurricane Maria ,
Natural Disasters ,
Oil & Gas ,
Property Tax ,
Puerto Rico ,
Registration Requirement ,
Repairs ,
Tax Planning