Client Alerts 
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 .
DDEC Issues Guidelines for Businesses Exempt from Lockdown
On April 3, 2020, the Department of Economic Development and Commerce (“DDEC”, by its Spanish acronym) issued Circular Letter No. 2020-05 (“CL 2020-05”) to provide further guidance regarding the businesses that are considered exempt and authorized to operate during the mandated lockdown declared by the Governor of Puerto Rico under Executive Order No. 2020-29. On March .
PUERTO RICO LOCKDOWN EXTENSION (EO 2020-29)
On March 30, 2020, Puerto Rico Governor Wanda Vázquez issued Executive Order No. 2020-029, extending the previously mandated lockdown and citizens curfew issued under EO 2020-23, to be effective until April 12, 2020. EO 2020-29 expanded the rules for the lockdown and operation of businesses as well as additional precautionary measures to deal with COVID-19 .
PR TREASURY ISSUES GUIDELINES ON DISTRIBUTIONS FROM QUALIFIED PLANS
Puerto Rico Treasury Department issued Internal Revenue Circular Letter No. 20-22 and No. 20-23 establishing guidelines for qualified relief payments and special distributions made from a Retirement Plan or an IRA to cover qualified expenses due to the State of Emergency and curfew declared by the Governor of Puerto Rico as a result of COVID-19 .
Client Alerts
Sorted by »
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 .
DDEC Issues Guidelines for Businesses Exempt from Lockdown
On April 3, 2020, the Department of Economic Development and Commerce (“DDEC”, by its Spanish acronym) issued Circular Letter No. 2020-05 (“CL 2020-05”) to provide further guidance regarding the businesses that are considered exempt and authorized to operate during the mandated lockdown declared by the Governor of Puerto Rico under Executive Order No. 2020-29. On March .
PUERTO RICO LOCKDOWN EXTENSION (EO 2020-29)
On March 30, 2020, Puerto Rico Governor Wanda Vázquez issued Executive Order No. 2020-029, extending the previously mandated lockdown and citizens curfew issued under EO 2020-23, to be effective until April 12, 2020. EO 2020-29 expanded the rules for the lockdown and operation of businesses as well as additional precautionary measures to deal with COVID-19 .
PR TREASURY ISSUES GUIDELINES ON DISTRIBUTIONS FROM QUALIFIED PLANS
Puerto Rico Treasury Department issued Internal Revenue Circular Letter No. 20-22 and No. 20-23 establishing guidelines for qualified relief payments and special distributions made from a Retirement Plan or an IRA to cover qualified expenses due to the State of Emergency and curfew declared by the Governor of Puerto Rico as a result of COVID-19 .
T 787.764.8181 / 787.622.8181 F 787.753.8944 E info@oneillborges.com 