Client Alerts 
TAX ALERT: JOBS NOW ACT
The Jobs Now Act was signed into law on February 10, 2013. It purports to create jobs within 18 months by eliminating certain hurdles that delay and impede the process of establishing new businesses or expanding existing businesses in Puerto Rico, allow better access to capital, and provide incentives under Agreements between Eligible Businesses and .
TAX ALERT: EXTENSION OF ACT 154 4% EXCISE TAX FILED AT LEGISLATURE
You can download the PDF below or by clicking here.
BANKRUPTCY, REORGANIZATION AND CREDITORS’ RIGHTS GROUP
Today, the United States Bankruptcy Court for the District of Puerto Rico, in a case of first impression in this district, issued the attached opinion and order, concluding that the absolute priority rule applies to individual Chapter 11 debtors. In re Lee Min Ho Chen, Case No. 11- 08170 (BKT), Docket No. 211.
TAX ALERT: TAX AMNESTY ON PERSONAL AND REAL PROPERTY TAX DEBTS
Act No. 94 of June 16, 2011 (“Act No. 94”) provides an amnesty consisting of the total elimination of interest, penalties and surcharges on certain unpaid real and personal property taxes. In addition, Act No. 94 provides for the elimination of fifty percent (50%) of the principal of personal property tax debt for the year .
Client Alerts
TAX ALERT: JOBS NOW ACT
The Jobs Now Act was signed into law on February 10, 2013. It purports to create jobs within 18 months by eliminating certain hurdles that delay and impede the process of establishing new businesses or expanding existing businesses in Puerto Rico, allow better access to capital, and provide incentives under Agreements between Eligible Businesses and .
TAX ALERT: EXTENSION OF ACT 154 4% EXCISE TAX FILED AT LEGISLATURE
You can download the PDF below or by clicking here.
BANKRUPTCY, REORGANIZATION AND CREDITORS’ RIGHTS GROUP
Today, the United States Bankruptcy Court for the District of Puerto Rico, in a case of first impression in this district, issued the attached opinion and order, concluding that the absolute priority rule applies to individual Chapter 11 debtors. In re Lee Min Ho Chen, Case No. 11- 08170 (BKT), Docket No. 211.
TAX ALERT: TAX AMNESTY ON PERSONAL AND REAL PROPERTY TAX DEBTS
Act No. 94 of June 16, 2011 (“Act No. 94”) provides an amnesty consisting of the total elimination of interest, penalties and surcharges on certain unpaid real and personal property taxes. In addition, Act No. 94 provides for the elimination of fifty percent (50%) of the principal of personal property tax debt for the year .
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