Februar 01. 2021

IRS Adds Puerto Rico Act 22 Beneficiaries to List of High-Priority Tax Audit Candidates

Share

There are myriad potential tax benefits for a US person who becomes a bona fide resident of Puerto Rico. Mayer Brown summarized these rules in a previous Legal Update. For those watching carefully, however, there have been a number of recent events suggesting that how individuals take advantage of these rules is getting heightened scrutiny both from Congress and the Internal Revenue Service. Mark H. Leeds and Juan F. Lopez Valek of the New York office of Mayer Brown examine these recent events and announcements in the attached Legal Update and explore their interrelated meaning for US individuals and businesses that have moved, or are considering a move, to Puerto Rico.

Herunterladen von Informationen

verwandte Beratungsfelder und Industrien

Stay Up To Date With Our Insights

See how we use a multidisciplinary, integrated approach to meet our clients' needs.
Subscribe