REGULATION NUMBER 8766 OF 2016 During the summer of 2016 the Commonwealth of Puerto Rico’s Department of Health (the “Department of Health”) adopted Regulation No. 8766 of 2016 (“Regulation No. 8766”), repealing Regulation No. 155 of 2015, which had been enacted to regulate the use, possession, farming, manufacture, dispensation, distribution and investigation of medical marihuana in .
On May 16, 2016, Governor Alejandro García Padilla enacted Act No.46-2016 to amend Act No. 42-2015 (as amended, the “Act”). The Act was adopted to help reduce tax evasion.
On May 3, 2016, Governor Alejandro García Padilla enacted Act Number 38-2016 (the “Act”). The Act prohibits all commercial establishments operating in Puerto Rico from requesting or collecting consumers’ personal information as a requirement to complete a commercial transaction.
Since our last Tax Alert about the enactment of Act 159-2015, the PR Treasury Department (“Treasury”) has issued a series of publications to address certain matters related to Sales and Use Taxes (“SUT”). Below we summarize the most relevant aspects of each publication.
REGULATION NUMBER 8766 OF 2016 During the summer of 2016 the Commonwealth of Puerto Rico’s Department of Health (the “Department of Health”) adopted Regulation No. 8766 of 2016 (“Regulation No. 8766”), repealing Regulation No. 155 of 2015, which had been enacted to regulate the use, possession, farming, manufacture, dispensation, distribution and investigation of medical marihuana in .
On May 16, 2016, Governor Alejandro García Padilla enacted Act No.46-2016 to amend Act No. 42-2015 (as amended, the “Act”). The Act was adopted to help reduce tax evasion.
On May 3, 2016, Governor Alejandro García Padilla enacted Act Number 38-2016 (the “Act”). The Act prohibits all commercial establishments operating in Puerto Rico from requesting or collecting consumers’ personal information as a requirement to complete a commercial transaction.
Since our last Tax Alert about the enactment of Act 159-2015, the PR Treasury Department (“Treasury”) has issued a series of publications to address certain matters related to Sales and Use Taxes (“SUT”). Below we summarize the most relevant aspects of each publication.