Client Alerts

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 .

Technical Amendments to PR Internal Revenue Code (Act 40-2020)

On April 16, 2020, the Governor of Puerto Rico, Hon. Wanda Vazquez Garced, signed into law Act No. 40-2020, which amends several important provisions of the Puerto Rico Internal Revenue Code of 2011 (the “PR Code”), among other special laws, as part of the measures taken to provide relief during the ongoing Covid-19 pandemic . The .

Puerto Rico Lockdown Extension (EO 2020-33)

On April 12, 2020, Puerto Rico Governor Wanda Vázquez-Garced issued Executive Order No. 2020-033 (“EO 2020-033”), extending the previously mandated lockdown and citizen curfew under Executive Order 2020-029, to now be effective from Monday, April 13, 2020 until Sunday, May 3, 2020, to address the COVID-19 pandemic. EO 2020-033 modified certain rules for the lockdown .

Puerto Rico Executive Order Mandates Total Weekend Lockdown

On April 7, 2020, Governor Wanda Vázquez-Garced issued Executive Order No. 2020-032 (“EO 2020-032”), mandating a total lockdown of all businesses in Puerto Rico effective this weekend from Friday, April 10th until Sunday, April 12th, 2020, with limited exceptions related to prepared food establishments (delivery/dry-through only), pharmacies, gas stations and elderly care centers. EO 2020-32 amends .

Client Alerts

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 .

Technical Amendments to PR Internal Revenue Code (Act 40-2020)

On April 16, 2020, the Governor of Puerto Rico, Hon. Wanda Vazquez Garced, signed into law Act No. 40-2020, which amends several important provisions of the Puerto Rico Internal Revenue Code of 2011 (the “PR Code”), among other special laws, as part of the measures taken to provide relief during the ongoing Covid-19 pandemic . The .

Puerto Rico Lockdown Extension (EO 2020-33)

On April 12, 2020, Puerto Rico Governor Wanda Vázquez-Garced issued Executive Order No. 2020-033 (“EO 2020-033”), extending the previously mandated lockdown and citizen curfew under Executive Order 2020-029, to now be effective from Monday, April 13, 2020 until Sunday, May 3, 2020, to address the COVID-19 pandemic. EO 2020-033 modified certain rules for the lockdown .

Puerto Rico Executive Order Mandates Total Weekend Lockdown

On April 7, 2020, Governor Wanda Vázquez-Garced issued Executive Order No. 2020-032 (“EO 2020-032”), mandating a total lockdown of all businesses in Puerto Rico effective this weekend from Friday, April 10th until Sunday, April 12th, 2020, with limited exceptions related to prepared food establishments (delivery/dry-through only), pharmacies, gas stations and elderly care centers. EO 2020-32 amends .