Hurricane María’s aftermath has generated numerous administrative orders and decisions for which we have issued several publications in order to keep our clients and friends updated. Below is a brief summary of some of the most recent tax-related pronouncements. RESOLUTION NO. 2017-10 (NOV. 6, 2017): THE DISBURSEMENT AND TAX CONCESSION AUTHORIZATION COMMITTEE (DTCAC) ADOPTS SPECIAL
Read More...Almost every business and individual in Puerto Rico has suffered medium to severe damage due to the catastrophic passage and aftermath of Hurricane María. Even if your home or business is insured, a disaster assistance request must be filed with the Federal Government to secure a maximum amount of recovery assistance. Below are some recommendations
Read More...The following important measures have been implemented during the emergency that Puerto Rico is currently facing: The President of the United States has exempted Puerto Rico from Jones Act for 10 days starting September 28, 2017. This order is expected to help expedite the flow of fuel, products, key services and infrastructure operations into
Read More...The Labor Transformation and Flexibility Act dramatically changes the employment landscape in Puerto Rico. It purports to invigorate our economy through a more lax employment regime. Following is a concise guide that will give you a quick understanding of the Act’s most important aspects. Probationary Period Establishes a 9-month automatic probationary period for
Read More...The Puerto Rico Civil Code was recently amended to permit notaries to perform civil unions and also, to dissolve them. Act 201 of December 27, 2016 authorizes Puerto Rico notaries, starting April 26, 2017, to celebrate marriages in our jurisdiction, therefore broadening the options for couples who wish a civil union. On the
Read More...Community Property Ownership of Copyrights: Rosado Muñoz v. Acevedo Marrero 2016 TSPR 236. Julio Rosado Del Valle’s widow and his children had a long judicial dispute over the former’s rights with respect to many of Rosado Del Valle’s paintings. In a most important opinion, our Supreme Court announced that the tangible artwork of an
Read More...Pellot Gonzalez’ Litigation Department is committed to the zealous defense of its clients’ legitimate commercial and personal interests. As part of that commitment, we send you this headline, which summarizes new developments relevant to trial and appellate advocacy. Distribution: Next Step Medical Co. v. Biomed, 2016 TSPR 120, clarifies an important aspect of Distribution
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