Generally, those responsible for withholding are called “withholding agents.” This means any person that is bound to deduct and withhold any tax on income payments pursuant to the provision of the Puerto Rico Internal Revenue ...
Tax season is just around the corner and the computation of income taxes becomes the main topic during this period.
The government of Puerto Rico is counting on the Financial Oversight and Management Board for Puerto Rico to fight for the permanence of Law 154, passed in October 2010 as an amendment to Puerto Rico’s ...