Norris McLaughlin & Marcus, P.A.

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Governor of Puerto Rico Signs Tax Amnesty Law

Posted on November 8th, 2011 | Author: Norris McLaughlin & Marcus

Governor Fortuno signed into law yesterday an amnesty for individuals or corporations who owe money to the Treasury Department of Puerto Rico.  The amnesty period extends to February 29, 2012. Affected taxpayers can settle taxes they owe free of interest and penalties if they pay on or before said date.  Consult your tax advisor to see if you are eligible.

Please feel free to contact Melinda Fellner Bramwit or the International Business Group for further guidance.