For many high earners exploring Puerto Rico’s Act 60 incentives, the tax benefits are compelling. But the incentives aren’t automatic, and understanding the three pillars of compliance — residency, sourcing, and substance — is essential to both qualify and remain compliant over time. 1. Bona Fide Residency At the heart of Act 60’s individual benefits is bona fide residency. The tax incentives — including potential exemptions or preferential treatment on… Read More
Delerme CPA | Puerto Rico Tax Incentives