Puerto Rico tax amendments
Between April and July 2025, the Puerto Rico legislature approved various tax laws that collectively reshape critical areas of the Puerto Rico Internal Revenue Code.
Featured - 4 items
- 100 results
- Reset filters
Loading...
President Trump advances trade agenda with updated tariffs, announces additional trade agreements
President Trump continues to advance his trade agenda through tariffs on copper, suspension of the duty-free de minimis exemption, and new reciprocal tariff rates, among others.
Interim guidance simplifies application of the Corporate Alternative Minimum Tax to partnerships
Notice indicating intent to partially withdraw proposed CAMT regs that relate to partnerships and provide interim guidance simplifying the application of CAMT to partnerships.
Expansion of PTP qualifying income to low carbon energy activity
OBBA includes a provision expanding the definition of qualifying income for publicly traded partnerships to certain low-carbon energy activities.
Maryland releases emergency rules and guidance for sales tax on technology services
The Maryland Comptroller has issued emergency regulations and two technical bulletins clarifying the 3% tax on technology services.
IRS seeks to streamline exams for large corporate taxpayers
An LB&I memorandum details changes to examinations of large corporate taxpayers and modifies policies and practices in the Internal Revenue Manual.
PLR addresses construction like-kind exchange involving previously owned property
The IRS ruled a leasehold interest with constructed improvements that was property previously owned by the taxpayer qualified as replacement property in a like-kind exchange.
Trump Administration sets forth its Digital Assets agenda
President Trump issued Executive Order 14178 which required the formation of a working group to recommend regulatory and legislative proposals related to digital assets.
Trump announces new trade agreements with key trading partners
In July, the United States struck framework trade agreements with the EU, Japan, Indonesia, and the Philippines, ahead of the August 1 deadline.
Employer-provided benefits and employer tax credits addressed in the One Big Beautiful Bill Act
Public Law No: 119-21, the “One Big Beautiful Bill Act” signed into law on July 4, includes several tax provisions related to employer-provided benefits
Anticipated marginal well credit on 2025 tax returns
The IRS in June released IRB 2025-27 (including Notice 2025-34) announcing the reference price for natural gas and the associated credit to be applied to the 2025 tax year.
How are data centers taxed? Key strategies for structuring, incentives, and compliance.
As data centers power AI and cloud growth, they bring complex tax issues. Learn how to navigate tax, incentives, and structuring from day one.
Loading...
Contact us
Follow us
