Puerto Rico Act 20/22

     

.

.

Act 20 & Act 22: World-class tax incentives for businesses and individuals.

• Act 20 of 2012, also known as the Export Services Act, seeks to establish Puerto Rico as an international export services center.

  • 4% flat tax rate on export services income
  • 100% exemption on dividends
  • 90% exemption on property tax
  • valid for a period of 20 years

• Act 22 of 2012, also known as the Individual Investors Act, offers new residents of Puerto Rico a 100 percent tax exemption on all interest, dividends and long-term capital gains accrued after the individual becomes a resident.

  • 100% exemption on all passive income that is Puerto Rico sourced income
  • 100% tax exemption on all interest, dividends and long-term capital gains accrued after the individual becomes a resident.

Interested in learning more?