News

Back To School Free Sales and Use Tax For The Period 2026-2027

Knowing You – The Puerto Rico Treasury Department (PRTD) issued the Internal Revenue Circular Letter to announce the Back-to-School free sales […]

Pass: Peer Review Year 2025

The American Institute of Certified Public Accountants (AICPA) requires its member firms to participate in a peer review program. As […]

2025 Summary of Tax Technical Amendments Signed by the Governor of Puerto Rico

During the year 2025, the Governor of Puerto Rico signed the following Tax Acts: Act No. 12 of April 11, […]

Franciso Bracamonte from Kreston BSG México – LATAM 2025

Francisco Bracamonte, from Kreston BSG México, shared his experience following his visit to Puerto Rico for the Latin America Conference. […]

Puerto Rico’s Economy: Past, Present & Future

By: Ramón Pérez Blanco, Esq.

Rich Howard from Kreston Global – LATAM 2025

Rich Howard, Chairman Emeritus of Kreston Global, shared his experience following his visit to Puerto Rico for the Latin America […]

Liza Robbins from Kreston Global – LATAM 2025

Liza Robbins, Chief Executive of Kreston Global, shared her experience following her visit to Puerto Rico for the Latin America […]

Kreston Global: Mid-market outlook in North America

[via Kreston Global] The second edition of Going Global is now available, offering key insights into the mid-market outlook in North America. […]

Back To School Free Sales and Use Tax For The Period 2024-2025

During this period, the school uniforms and school materials can be acquired exempt from sales and use tax.

Puerto Rico: Low tax jurisdiction offers attractive base to local and foreign investors

Puerto Rico has seen GDP increase of 11% growth in its economy since 2019, despite the challenges felt globally from COVID 19, to global recession and supply chain challenges.

Corporate Transparency Act – Beneficial Ownership Information Reporting Requirements

The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (“FinCEN”) issued a Final Rule addressing reporting obligations concerning beneficial ownership information (“BOI”) under the Corporate Transparency Act (“CTA”)