Client Alerts 
New Puerto Rico Tax and Economic Stimulus Programs Approved
On June 14, 2020, the Governor of Puerto Rico signed into law Act 57-2020, known as the Supplementary Act to Address the Effects on the Puerto Rican Economy caused by the COVID-19 Emergency, establishing new tax and economic stimulus programs to help the economy of Puerto Rico go back to normal and prevent a recession. The .
PUERTO RICO EASES LOCKDOWN RESTRICTIONS AND BUSINESS REOPENING
On June 12, 2020, Puerto Rico Governor Wanda Vázquez issued new Executive Order No. 2020-044, easing the covid-19 total lockdown restrictions, reducing the curfew hours, and authorizing reopening of new businesses and activities, including on Sundays. Executive Order 2020-44 will be in effect from Tuesday, June 16, 2020 until Tuesday, June 30, 2020 . A summary .
Puerto Rico Lockdown Extension and Expansion of Exempted Businesses
On May 1, 2020, Puerto Rico Governor Wanda Vázquez issued Executive Order No. 2020-038, extending the previously mandated lockdown and citizen curfew, to be effective from May 4, 2020 until May 25, 2020; expanding the business sectors that may operate, and establishing additional guidelines for businesses and workplace protection to address the COVID-19 pandemic . A .
Technical Amendments to Retirement Plan Provisions of the PR Code
On April 16, 2020, the Governor of Puerto Rico, Hon. Wanda Vazquez-Garced, signed into law Act No. 40-2020, including important technical amendments to the retirement plan provisions of the Puerto Rico Internal Revenue Code of 2011 (the “PR Code”), among other special laws and provisions, as part of measures taken to manage the Covid-19 situation. The .
Client Alerts
New Puerto Rico Tax and Economic Stimulus Programs Approved
On June 14, 2020, the Governor of Puerto Rico signed into law Act 57-2020, known as the Supplementary Act to Address the Effects on the Puerto Rican Economy caused by the COVID-19 Emergency, establishing new tax and economic stimulus programs to help the economy of Puerto Rico go back to normal and prevent a recession. The .
PUERTO RICO EASES LOCKDOWN RESTRICTIONS AND BUSINESS REOPENING
On June 12, 2020, Puerto Rico Governor Wanda Vázquez issued new Executive Order No. 2020-044, easing the covid-19 total lockdown restrictions, reducing the curfew hours, and authorizing reopening of new businesses and activities, including on Sundays. Executive Order 2020-44 will be in effect from Tuesday, June 16, 2020 until Tuesday, June 30, 2020 . A summary .
Puerto Rico Lockdown Extension and Expansion of Exempted Businesses
On May 1, 2020, Puerto Rico Governor Wanda Vázquez issued Executive Order No. 2020-038, extending the previously mandated lockdown and citizen curfew, to be effective from May 4, 2020 until May 25, 2020; expanding the business sectors that may operate, and establishing additional guidelines for businesses and workplace protection to address the COVID-19 pandemic . A .
Technical Amendments to Retirement Plan Provisions of the PR Code
On April 16, 2020, the Governor of Puerto Rico, Hon. Wanda Vazquez-Garced, signed into law Act No. 40-2020, including important technical amendments to the retirement plan provisions of the Puerto Rico Internal Revenue Code of 2011 (the “PR Code”), among other special laws and provisions, as part of measures taken to manage the Covid-19 situation. The .
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