This article describes the process that U.S. and international publicly traded companies doing business in Puerto Rico need to follow for offering their ESPPs to their Puerto Rico employees. Operating…
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Puerto Rico Health and Welfare Plan Cybersecurity Evaluations
Puerto Rico benefits and compensation attorney Carlos Gonzalez shares his practical experience with, and recommendations on, the evaluation of the cybersecurity measures of insurance companies servicing healthcare and welfare benefit…
2025 Limits on Contributions to 401(k) Plans Qualified in Puerto Rico
On January 22, 2025, the Puerto Rico Treasury Department (commonly known by its Spanish name as “Hacienda”) issued Circular Letter of Internal Revenue No. 25-01 [https://hacienda.pr.gov/publicaciones/carta-circular-de-rentas-internas-num-25-01-cc-ri-25-01], establishing the annual contributions…