Services
We approach each audit with sharp thought, straight talk and common sense. In addition to verifying that financial results are fairly presented and meet...
-
Financial statements audits
Financial statement audits
-
Compliance audits
Compliance audits
-
Compilations and reviews
Compilations and audit
-
Agreed-upon procedures
Agreed-upon procedures
At Kevane Grant Thornton, tax is a key part of our organization and our award-winning teams can offer you a range of solutions, whatever the size of your...
-
Corporate and business tax
Our trusted teams can prepare corporate tax files and ruling requests, support you with deferrals, accounting procedures and legitimate tax benefits.
-
International tax
Our teams have in-depth knowledge of the relationship between domestic and international tax laws.
-
Tax compliance
Business Tax
-
Individual taxes
Individual taxes
-
Estate and succession planning
Estate and succession planning
-
Global mobility services
Through our global organisation of member firms, we support both companies and individuals, providing insightful solutions to minimise the tax burden for both parties.
-
Sales and use tax and indirect taxes
SUT/ VAT & indirect taxes
-
Tax incentives program
Tax incentives program
-
Transfer Pricing Study
The laws surrounding transfer pricing are becoming ever more complex, as tax affairs of multinational companies are facing scrutiny from media, regulators and the public
As your business grows, our advisory services are designed to help you achieve your goals. Successful growth often means navigating a complex array of...
-
Business consulting
Our business consulting services can help you improve your operational performance and productivity, adding value throughout your growth life cycle.
-
Forensic and investigative services
At Grant Thornton, we have a wealth of knowledge in forensic services and can support you with issues such as dispute resolution, fraud and insurance claims.
-
Fraud and investigations
The commercial landscape is changing fast. An ever more regulated environment means organizations today must adopt stringent governance and compliance processes. As business has become global, organizations need to adapt to deal with multi-jurisdictional investigations, litigation, and dispute resolution, address the threat of cyber-attack and at the same time protect the organization’s value.
-
Dispute resolutions
Our independent experts are experienced in advising on civil and criminal matters involving contract breaches, partnership disputes, auditor negligence, shareholder disputes and company valuations, disputes for corporates, the public sector and individuals. We act in all forms of dispute resolution, including litigation, arbitration, and mediation.
-
Business risk services
We can help you identify, understand and manage potential risks to safeguard your business and comply with regulatory requirements.
-
Internal audit
We work with our clients to assess their corporate level risk, identify areas of greatest risk and develop appropriate work plans and audit programs to mitigate these risks.
-
Service organization reports
As a service organization, you know how important it is to produce a report for your customers and their auditors that instills confidence and enhances their trust in your services. Grant Thornton Advisory professionals can help you determine which report(s) will satisfy your customers’ needs and provide relevant information to your customers and customers’ auditors that will be a business benefit to you.
-
Transactional advisory services
Transactions are significant events in the life of a business – a successful deal that can have a lasting impact on the future shape of the organizations involved. Because the stakes are high for both buyers and sellers, experience, determination and pragmatism are required to bring deals safely through to conclusion.
-
Mergers and acquisitions
Globalization and company growth ambitions are driving an increase in M&A activity worldwide as businesses look to establish a footprint in countries beyond their own. Even within their own regions, many businesses feel the pressure to acquire in order to establish a strategic presence in new markets, such as those being created by rapid technological innovation.
-
Valuations
We can support you throughout the transaction process – helping achieve the best possible outcome at the point of the transaction and in the longer term.
-
Recovery and reorganization
We provide a wide range of services to recovery and reorganisation professionals, companies and their stakeholders.
Our outsourcing services allow you to save time and money in order to concentrate on the competencies and the core business activities.
Careers page for Kevane Grant Thornton
The Kevane Grant Thornton Difference
Grant Thornton prides itself on being a values-driven organization and we have more than 56,000 people in over 140 countries who are passionately committed to...
Diversity helps us meet the demands of a changing world. We value the fact that our people come from all walks of life and that this diversity of experience...
Many Grant Thornton member firms provide a range of inspirational and generous services to the communities they serve.
Experienced hires
Students
Jobs at Kevane Grant Thornton
Familia Kevane reflects the sentiment that our partners and team members express about their experience in the firm and that steers the pillars that define our...
Emerging markets and shifting consumer demand are creating new opportunities in food and beverage, with business leaders investing in new products, markets and...
Optimism is slowly returning to the global economy, but the financial services industry needs to regain the trust of public and private bodies. To succeed,...
At Kevane Grant Thornton we provide services to the Healthcare industry
Rapid change and complexity are norms, and innovation the fuel in the technology industry. Today’s revolutions – including cloud, as-a-service, social media...
At Kevane Grant Thornton we provide services to the Industrial products industry.
Across the globe, not for profit organizations are increasingly expected to deliver more, while at the same time facing cuts in government funding and...
We work with all types of agencies, including central and state government, local government, donors (including bilateral and multilateral international...
While the impact of the prolonged downturn continues to be felt, pockets of opportunity and optimism have emerged within the retail estate and construction...
At Kevane Grant Thornton we provide services to the Services industry.
Dynamic businesses need to move with speed and purpose if they want to capitalise on opportunities in hospitality and tourism. At Grant Thornton, we know...
Tax Alert
Income tax extensions returns – e-filing guidance
20 Mar 2019Pursuant to the provisions of Act No. 1 of January 31, 2011, as amended, known as the Internal Revenue Code for a New Puerto Rico (the “Code”), an automatic extension of time to file the Income Tax Return shall be granted, as long as the rules and regulations prescribed by the Secretary for the granting of said automatic extension of time are met. The automatic extension of time shall be granted for a period of six (6) months from the date prescribed on the Code (i.e. March 15; April 15) for the filing of the Return, provided the automatic extension is requested on or before the date for the filing the Return.
The automatic extension is requested by filing a Request for Extension of Time to File the Income Tax Return, also known as Form AS 2644.
Internal Revenue Circular Letter No. 19-06 (“CL 19-06”)
For taxable year 2018, every (1) Individual and (2) Corporation or Limited Liability Company taxed as a Corporation (“LLCs”), will be required to file their automatic extension electronically through the Department of Treasury’s (the “Department”) digital platform known as Colecturia Virtual. Nevertheless, the following are exceptions to the electronic filing of automatic extensions:
- individuals unable to file electronically due to an error in their Social Security Number and are filing an Income Tax Return for the first time;
- corporations or LLCs filing an Income Tax Return for the first time with a tax period of less than 12 months;
- corporations or LLCs with a tax fiscal year of 52-53 weeks; and
- corporations or LLCs unable to file electronically due to an error in their Employer Identification Number or tax period.
The abovementioned Individual taxpayers must accompany their extension with Form AS 483.2, titled “Exception to Electronic Filing of Individual Income Tax Return”. Meanwhile, Corporations or LLCs must accompany their automatic extension with Form AS 483.4, “Exception to Electronic Filing of Corporation Income Tax Return”.
All other taxpayers not required to file an automatic extension of time electronically, such as Pass-Through Entities or Exempt Businesses under Puerto Rico Incentive Programs, may elect to file their automatic extensions by one of the following options:
- electronically through Colecturia Virtual;
- mail (return receipt recommended), at P.O. Box 9022501, San Juan PR 00902-2501; or
- personally, at the Department’s Headquarters in Old San Juan, or one of its Internal Revenue Offices throughout the Island.
Lastly, for taxpayers required or electing to file their automatic extension of time electronically, the payment methods accepted by the Department’s digital platform are:
- direct debit from a checking or savings account; or
- credit card (limited to VISA or MasterCard).
Please contact our Tax Department should you require additional information regarding this or any other tax issue. We will be glad to assist you.
Also appears under...