14
Partners and Principals
200+
Team members in Puerto Rico
2
Offices: San Juan and Ponce
50+
Years in Puerto Rico

Our latest insights

Tax alert

Puerto Rico Department of Treasury Integrates Municipal SUT into SURI

On June 30, 2026, the Puerto Rico Department of Treasury ("PRTD") issued Internal Revenue Circular Letter No. 26-13 ("IR CL 26-13") to implement one of the most important changes to the SURI platform in recent years, and a significant change in the administration of the Municipal Sales and Use Tax ("Municipal SUT"). Effective with the SUT Monthly Return for July 2026, due on August 20, 2026, the filing and payment of the Municipal SUT for 73 participating municipalities (“Participating Municipalities”) will be integrated into the Unified Internal Revenue System ("SURI").

| 4 min read |
Tax alert

PRTD Announces Back to School Tax Free Periods for FY 2026-2027

The Puerto Rico Treasury Department (PRTD) announced the dates of the back-to-school tax free periods for the fiscal year 2026-2027. During the tax-free period, the uniforms and school materials will be exempt from payment of the Puerto Rico Sales and Use Tax (“SUT”) at the state and municipal levels.

| 3 min read |
Scaling sustainability

Global intent, local reality: How sustainability priorities vary across regions

Mid‑market leaders across the globe are investing in sustainability, but not in the same way – or for the same reasons. North and South America see a route to competitive advantage and capital; Europe is turning regulation into efficiency; Asia‑Pacific ties ESG to innovation and digitalization; while Africa backs foundational energy and water to unlock growth.

6 min read |
Tax Insight

Understanding Private Equity Funds in Puerto Rico

Puerto Rico has positioned itself as a competitive jurisdiction for private equity funds through Act 60-2019, known as the Puerto Rico Incentives Code (“Incentives Code”). This article provides a high-level overview for fund managers, investors, and advisors of how private equity funds are structured, taxed, and regulated in Puerto Rico, with a focus on preserving tax incentives and mitigating compliance risks.

| 7 min read |

Newsroom

02 Nov 2026

Grant Thornton Advisors completes acquisition of CBIZ

Grant Thornton Advisors LLC (together with its affiliates, “Grant Thornton Advisors”), New Mountain Capital and CBIZ, Inc. (“CBIZ”) today announced that Grant Thornton Advisors completed its acquisition of CBIZ with an enterprise value of $5 billion. The combination creates the fifth-largest U.S. provider of professional services, tax and advisory offerings, with more than $5 billion in annual domestic revenue. It also marks the completion of the largest transaction of its kind in more than 25 years.

29 Oct 2026

Grant Thornton Advisors launches multinational Quantitative Risk service

Grant Thornton Advisors launches multinational Quantitative Risk service and appoints Dwayne Price as Group Head of Quantitative Risk.

15 Oct 2026

Grant Thornton survey: Organizations Prioritize Cyber and Risk Management

Grant Thornton survey: Organizations prioritize integrated cyber and risk management, but lack the capabilities to enable it

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