Puerto Rico Act 20/22

     

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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.

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