McV Alerts

Labor and Employment Law

• Heirship, real estate assets, strictly governed in Puerto Rico (May 2007)
• Puerto Rico Legislative Assembly Considering Several Amendments to Provisions Applicable to Retirement Plans (Nov 2006)
• Employment Discrimination in the Hiring Process/Past Convictions (Nov 2005)
• United States Supreme Court decision establishing compensable activities (Nov 2005)
• Learn about the new Amendments to the Puerto Rico Unjust Dismissal Act (Oct 2005)
• Senate Bill No. 268 of June 23, 2005 seeks to amend Christmas Bonus Act (June 2005)
• Puerto Rico Department of Labor Publishes Regulations for its New Mediation and Adjudication Office (March 2005)
• Read the proposed Revision to Regulation 13 of the Puerto Rico Dept of Labor (Jan 2005)
• Amendment to the Organic Act of the Puerto Rico Department of Labor (Nov 2004)
• Amendment to Puerto Rico Disability Discrimination Statute (Oct 2004)
• Compensation to Nursing Personnel: Senate Bill 2635 (June 2004)
• Regulation on Overtime Exemptions under the "FLSA"  (April 2004)

Taxes

• Puerto Rico Tax Developments (August 2008) - Read more...
• Limitation on Pre-Tax Contributions to Retirement Plans Is Increased - Percentage Limitation is Eliminated (August 2008) - Read more...
• Governor Signs Act Providing That Certain Discharged Employees Could Receive Tax Free Payments (August 2008) - Read more...
• PR Treasury Issues Revised Form to Request Extension of Time to File Annual Return for Trusts Funding Retirement Plans (July 2008) - Read more...
• Proposed Act Would Amend Agricultural Tax Incentives Act to Provide Exemptions From Sales and Use Tax and to Cover Part-Time Farmers (July 2008) Read more...
• Certain Discharged Employees Could Receive Tax Free Payments (July 2008) - read more...
• New Exemptions from Sales and Use Tax are Approved (July 2008) - read more...
• PR Treasury Changes Due Date of Form 480.70(OE) for Trust Funding Qualified Retirement Plans (July 2008) - Read more...
• Incentives for the Development of Puerto Rico Small Businesses Act (July 2008) - read more...
• U.S. Internal Revenue Service Issues Guidance on Transfer of Assets from U.S. Retirement Plans to Puerto Rico Plans (July 2008) - read more...
• Sales & Use Tax Alert (August 2007) - read more...
• Puerto Rico Treasury issues English translation of Sales and Use Tax Regulations (Jan 2007)
• Puerto Rico Retirement Plans - New Update (Jan 2007)
• Learn about Act 98 of May 16, 2006, also known as Act for the Imposition of an Extraordinary Tax of 2006 which requires certain taxpayers to file a special return and pay an extraordinary 5% tax on their nonexempt net taxable income. (June 2006)
• PR Treasury Issues New Tables for Income Tax Withholding on Wages (Nov 2006)
• Puerto Rico Treasury Department issues new regulations for retirement plans regarding 5% special tax and 5% tax prepayment. (Oct 2006)
• Memo to Clients - PR Treasury Issues New Tables for Income Tax Withholding on Wages (Nov 2006)
• Memo to Clients - Retirement Plans Update (Nov 2006)
• Memo to Clients - Retirement Plans Update (Oct 2006)
• Retirement Plans Update: Business Registry - PR Treasury Issues Guidance for Retirement Plans (Sept 2006)
• Memo to Clients - Retirement Plans Update - Part VI (Aug 2006)
• Memo to Clients - Municipal Sales Tax (July 2006)
• Memo to Clients - Act 98 of May 16, 2006 (June 2006)
• Retirement Plans Update - Part VI - Read about recent developments in the retirement plans practice in Puerto Rico (May 2006)
• Retirement Plans Update - Part IV (May 2006)
• Retirement Plans Update - Part III (May 2006)
• Retirement Plans Update - Part II (Feb 2006)
• Retirement Plans Update (Jan 2006)
• Fiscal Reform (Jan 2006)
• Federal and Local Tax Incentives
• Final COBRA Notice Regulation (June 2004)

Corporate

• Trademark Alert - Puerto Rico Recent Developments (July 2008)
• Identity Theft Prevention Programs Required by November 1, 2008 (July 2008)
• Securities Regulations Alert: Financial Industry Regulatory Authority Commences Operations (Aug 2007)
• Learn about new EPA regulations concerning standards and procedures for conducting "All Appropriate Inquiry" for Phase I Environmental Site Assessments. (Nov 2006)
• Puerto Rico's Supreme Court issues opinion that affects all commercial establishments engaged in the business of selling alcoholic beverages to the public (Nov 2006)
• Announcement by Puerto Rico Department of State Concerning Automatic Cancellation of Certain Marks Registered Without Use (Jan 2006)
• One-Time Six-Month Grace Period to File Statements of Use for Certain Marks Registered Without Use in Commerce (Oct 2006)
• Proposed Amendment to Regulation for the Registration of Marks Granting Grace Period to File Statements of Use for Certain Marks Registered Without Use (July 2006)
• Read about Puerto Rico Supreme Court's recent discussions regarding Trademarks registered without use (Oct 2005)
• Governor signs Amendment to the P.R. Warranty Law (May 2005)
• Memorandum to Clients and Friends Regarding LLCs (Aug 2004)
• Learn about the recent Amendments to IRA Advertising Rules in Puerto Rico (April 2005)
• Mandatory Registration of Businesses in Puerto Rico (March 2005)
• Amendments to Provisions for Proper Management of Used Oil (Oct 2004)
• Environmental Crimes under the New Penal Code (July 2004)

Environmental and Land Use

Litigation

• Automated Defribillator Act (August 2008)

Real Estate and Commercial Financing

Labor

• Governor Signs Act Providing That Certain Discharged Employees Could Receive Tax Free Payments (August 2008) - Read more...