Roberto L. Cabañas

E-mail address:  rlc@mcvpr.com
Phone number:  (787) 250-5611
Fax number:   (787) 474-9211

Roberto L. Cabañas is a Capital Member in the Tax Practice Group and a member of the firm's Policy Committee.

Practice Areas

Mr. Cabañas' practice includes tax and tax exemption matters affecting Puerto Rico, U.S. and foreign country corporations and partnerships operating in Puerto Rico, as well as the planning and structuring of real estate, tourism and securities transactions. He has extensive experience representing clients before Puerto Rico taxing authorities, including negotiating closing agreements and private letter rulings with the Puerto Rico Treasury Department on various tax matters; among others, the structuring and restructuring of Puerto Rico operations, the repatriation of earnings and the taxation of partnerships, trusts and nonresident investors. He has extensive experience in the drafting of Puerto Rico tax laws and their regulations, including the Puerto Rico Tourism Development Act of 1993 and the Puerto Rico Internal Revenue Code of 1994.

Education

Mr. Cabañas obtained a Bachelor in Science in Foreign Service and a Juris Doctor, both from Georgetown University in Washington, D.C. He also obtained a Master's Degree in Accounting from the University of Massachusetts.

Admissions

Mr. Cabañas is admitted to practice in the Commonwealth of Puerto Rico, the Commonwealth of Massachusetts and Court of Appeals for the First Circuit. He is a Certified Public Accountant. He was also an Adjunct Professor in the School of Business Administration at the University of Puerto Rico from 1990-1994.

Memberships

Mr. Cabañas is member of the Puerto Rico Bar Association, American Bar Association and the Puerto Rico Society of Certified Public Accountants (Board of Directors, Member 1995-1997; also has served as president of various of its committees).

Professional/Public Engagements/Publications

Mr. Cabañas served as Special Advisor to the Secretary of the Treasury in connection with the enactment of the Puerto Rico Internal Revenue Code of 1994. He regularly lectures on various tax matters, including the Puerto Rico tourism incentives program and partnership and individual taxation. He has published various articles in the tax area, including "La Reforma Contributiva y el Contribuyente Individual", Factum, Colegio de Abogados, Jan. - Mar. 1988, año 2, No. 1, p. 15 and co-author, 'Highlights of the Amendments to the Income Tax Act', Business Puerto Rico 10, Winter, 1987.