Puerto Rico Tax Incentives Information
Act 20 -The Act provides tax exemption and tax credits to businesses engaged in eligible activities in Puerto Rico. To avail from such benefits, a business needs to become and exempt business by applying for a tax concession and obtaining a tax exemption decree.
Act 22 - The Act provides tax exemptions to eligible individuals residing in Puerto Rico. To avail from such benefits, an individual needs to become a resident of Puerto Rico and apply for a tax exemption decree.
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