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Mid-market optimism reaches pre-COVID record highs
Press Release Mid-market optimism reaches pre-COVID record highs
Optimism among mid-market business leaders has rebounded to pre-COVID levels, with a record 71% of leaders optimistic about the next 12 months (up five points from Q1 2024), according to Grant Thornton's latest International Business Report (IBR).
7 min read |
Transfer Pricing: What is it and how can it benefit my business?
Tax Article Transfer Pricing: What is it and how can it benefit my business?
On May 11, 2021, the Puerto Rico Treasury Department issued Administrative Determination No. 21-05 and determined that, for taxable years that begin after December 31, 2018, taxpayers will be able to deduct 100% of the expenses incurred or paid to stockholders, related persons or entities not engaged in trade or business in Puerto Rico, as long as the expenses are based on a Transfer Pricing Study that has been issued and is available at the time of filing the tax return. This article will provide you with an explanation of what exactly is transfer pricing, and how a Transfer Pricing Study may benefit your business.
6 min read |
2024 Tax Calendar
Tax Calendar 2024 Tax Calendar
We are delighted to present our 2024 Tax Calendar. This comprehensive tax guide is designed to keep you well-informed about the tax due dates and filing requirements for both Puerto Rico and the United States. It also offers valuable tax insights for individuals, businesses, and sales and use tax considerations. If you require any additional information or have questions on this or any other tax-related matter, please do not hesitate to reach out to our dedicated tax department. We are here to assist you and provide the guidance you need. Your success in managing your taxes is our priority!
Building a Sustainable Future
Advisory Building a Sustainable Future
In September 2015, the United Nations introduced an ambitious and transformative global agenda known as the Sustainable Development Goals (SDGs). Adopted by all 193 UN member states, these 17 interconnected goals aim to address pressing global challenges, such as poverty, inequality, climate change, environmental degradation, and peace and justice, by 2030. The SDGs represent a call to action to create a more equitable and sustainable world. Countries worldwide have been making commendable efforts to implement the SDGs. Take, for instance, Sweden, a frontrunner in sustainability, which is actively reducing carbon emissions and embracing renewable energy sources. This European country is aiming to have zero net emissions of greenhouse gasses into the atmosphere by 2045.
2 min read |
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