Client Alerts 
DEVELOPMENTS IN LABOR RELATIONS & EMPLOYMENT LAW FOR PUERTO RICO
PROMESA APPROVED: UNDERSTANDING ITS LABOR PROVISIONS On Wednesday, June 29, 2016, the U.S. Senate approved H.R. 5278, legislation to establish seven-member fiscal oversight board to manage the restructuring of Puerto Rico’s $70 billion government debt and oversee the island’s finances. The “Puerto Rico Oversight, Management and Economic Stability Act” (known by its acronym “PROMESA”), was passed .
O’NEILL & BORGES LABOR NEWS ALERT PUERTO RICO GOVERNOR SIGNS LABOR REFORM LAW
On January 26, 2017, Puerto Rico Governor Ricardo Rosselló Nevares signed the Transformation and Labor Flexibility Act (“TLFA”). The new law will be effective immediately. TLFA represents a major overhaul of Puerto Rico’s employment laws, intended to make the Island a more attractive jurisdiction for job creation investments; provide a more business-friendly regulatory environment; and support the Administration’s economic growth initiatives. Download .
O’NEILL & BORGES’ LABOR NEWS ALERT PUERTO RICO APPROVES AGGRESSIVE EQUAL PAY LAW
On March 8, 2017, Governor Ricardo Rosselló Nevares signed the Puerto Rico Equal Pay Act (“PREPA” or Law No. 16:2017). This new law aims to address and eradicate pay disparities between men and women in the government and private sector workplace. However, the regulatory scheme adopted goes far beyond the requirements of the federal Equal Pay Act. As such, .
Circular Letter of Internal Revenue No. 17-05 Taxpayer Rehabilitation Program
Puerto Rico Treasury Department implements a new Taxpayer Rehabilitation Program with the purpose of reforming and rehabilitating taxpayers through the execution of payment plans on outstanding tax debts as adopted by Circular Letter of Internal Revenue No. 17-05, issued on March 17, 2017.
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DEVELOPMENTS IN LABOR RELATIONS & EMPLOYMENT LAW FOR PUERTO RICO
PROMESA APPROVED: UNDERSTANDING ITS LABOR PROVISIONS On Wednesday, June 29, 2016, the U.S. Senate approved H.R. 5278, legislation to establish seven-member fiscal oversight board to manage the restructuring of Puerto Rico’s $70 billion government debt and oversee the island’s finances. The “Puerto Rico Oversight, Management and Economic Stability Act” (known by its acronym “PROMESA”), was passed .
O’NEILL & BORGES LABOR NEWS ALERT PUERTO RICO GOVERNOR SIGNS LABOR REFORM LAW
On January 26, 2017, Puerto Rico Governor Ricardo Rosselló Nevares signed the Transformation and Labor Flexibility Act (“TLFA”). The new law will be effective immediately. TLFA represents a major overhaul of Puerto Rico’s employment laws, intended to make the Island a more attractive jurisdiction for job creation investments; provide a more business-friendly regulatory environment; and support the Administration’s economic growth initiatives. Download .
O’NEILL & BORGES’ LABOR NEWS ALERT PUERTO RICO APPROVES AGGRESSIVE EQUAL PAY LAW
On March 8, 2017, Governor Ricardo Rosselló Nevares signed the Puerto Rico Equal Pay Act (“PREPA” or Law No. 16:2017). This new law aims to address and eradicate pay disparities between men and women in the government and private sector workplace. However, the regulatory scheme adopted goes far beyond the requirements of the federal Equal Pay Act. As such, .
Circular Letter of Internal Revenue No. 17-05 Taxpayer Rehabilitation Program
Puerto Rico Treasury Department implements a new Taxpayer Rehabilitation Program with the purpose of reforming and rehabilitating taxpayers through the execution of payment plans on outstanding tax debts as adopted by Circular Letter of Internal Revenue No. 17-05, issued on March 17, 2017.
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