Puerto Rico Unveils Tax Reform; Extends Perks for Investors

Puerto Rico Governor Jenniffer Gonzalez will present a bill extending the island’s tax breaks for wealthy investors through 2055 — twenty years longer than the current law stipulates — as part of a “comprehensive tax reform” program.

• In a press conference, Gonzalez said those applying for the tax breaks starting Jan 1, 2026, would be required to pay 4% tax on capital gains, interest and dividends
  • Those who currently qualify for the breaks pay nothing on that income
• The changes to Act 60, as it is known, are just one of 13 fiscal reform bills that Gonzalez said are designed ...