Firms Vie for Contract to Advise Puerto Rico on Global Tax Deal

Four law and consulting firms and a former official of the Organization for Economic Cooperation and Development are competing for a million-dollar contract to advise Puerto Rico on the impact of the global minimum tax in the US territory.

Procopio, Cory, Hargreaves & Savitch LLP stands out among the four firms that submitted proposals to provide guidance to the local government on effects of the OECD-led tax deal agreed to by over 140 countries in 2021. The firm submitted its bid with Juan Carlos Pérez Peña, an international tax consultant and former adviser on aggressive tax planning at the OECD, ...