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2025 Tax Calendar
2025 Tax Calendar 2025 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.
New managing partner at Kevane Grant Thornton Puerto Rico
Press Release New managing partner at Kevane Grant Thornton Puerto Rico
Carlos Dolagaray CPA, who was previously an Audit and Advisory partner in the firm’s since 2021, will lead the office as managing director of Kevane Grant Thornton Puerto Rico as of November 1st. 2024. Dolagaray succeeds, upon his retirement, CPA Carlos Marcano, who was the managing partner since 2014. The appointment coincides with the 50th anniversary of the founding of Kevane Grant Thornton.
2 min read |
The journey to a sustainable future
International Business Report The journey to a sustainable future
Exploring the sustainability journey for the mid-market and what's driving these organisations to take action.
Sales and Use Tax: The impact of manufacturer's rebates and treatment of warranties
Tax Insight Sales and Use Tax: The impact of manufacturer's rebates and treatment of warranties
In Puerto Rico, the treatment of manufacturer’s rebates and warranties affects the sales price of tangible personal property and its corresponding Sales and Use Tax (“SUT”). Despite the fact that the Puerto Rico Treasury Department published guidance on this matter, sellers and buyers had different views on how to treat the rebates and warranties when computing the sales price of a transaction, which in turn resulted in discrepancies over the accuracy of the seller's SUT calculation.
9 min read |
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