Puerto Rico on Tax Authorities

On June 30, 2022, the Government of Puerto Rico enacted Act 52-2022 ("Act 52"), known as the "Puerto Rico Public Finance Stability Act"...

The Department of Treasury's Financial Crimes Enforcement Network ("FinCEN") issued a final rule on September 30, 2022 (the "Final Rule") implementing Section 6403 of the Corporate Transparency Act ("CTA").

On March 12, 2024, the Office of Management and Budget issued Circular Letter No. 002-2024 ("Circular Letter") setting forth relevant dates in connection with the filing of volume of business declarations ("VOBD").