Client Alerts

Chambers Puerto Rico Law Firm of the Year Award 2017

O’Neill & Borges LLC recognized as “Puerto Rico Law Firm of the Year” by the prestigious London-based Chambers & Partners, the most respected independent legal directory worldwide. This is the third time the law firm is recognized with the top award after being recognized in 2011, the first time Chambers started ranking Puerto Rico law .

Sales and Use Tax on Internet Purchases and Other SUT Changes

On April 29, 2017, the Governor of Puerto Rico signed into law House Bill 849 (“Act 25-17”), which, in general, amends the Puerto Rico Internal Revenue Code of 2011, as amended (the “Code”), to impose a series of notification requirements regarding the Sales and Use Tax (“SUT”) on tangible personal property sold via Internet by .

DEVELOPMENTS IN LABOR RELATIONS & EMPLOYMENT LAW FOR PUERTO RICO

PROMESA APPROVED: UNDERSTANDING ITS LABOR PROVISIONS
On Wednesday, June 29, 2016, the U.S. Senate approved H.R. 5278, legislation to establish  seven-member fiscal oversight board to manage the restructuring of Puerto Rico’s $70 billion government debt and oversee the island’s finances. The “Puerto Rico Oversight, Management and Economic Stability Act” (known by its acronym “PROMESA”), was .

O’NEILL & BORGES LABOR NEWS ALERT PUERTO RICO GOVERNOR SIGNS LABOR REFORM LAW

On January 26, 2017, Puerto Rico Governor Ricardo Rosselló Nevares signed the
Transformation and Labor Flexibility Act (“TLFA”). The new law will be effective
immediately.
TLFA represents a major overhaul of Puerto Rico’s employment laws, intended to
make the Island a more attractive jurisdiction for job creation investments; provide a
more business-friendly regulatory environment; and .

Client Alerts

Chambers Puerto Rico Law Firm of the Year Award 2017

O’Neill & Borges LLC recognized as “Puerto Rico Law Firm of the Year” by the prestigious London-based Chambers & Partners, the most respected independent legal directory worldwide. This is the third time the law firm is recognized with the top award after being recognized in 2011, the first time Chambers started ranking Puerto Rico law .

Sales and Use Tax on Internet Purchases and Other SUT Changes

On April 29, 2017, the Governor of Puerto Rico signed into law House Bill 849 (“Act 25-17”), which, in general, amends the Puerto Rico Internal Revenue Code of 2011, as amended (the “Code”), to impose a series of notification requirements regarding the Sales and Use Tax (“SUT”) on tangible personal property sold via Internet by .

DEVELOPMENTS IN LABOR RELATIONS & EMPLOYMENT LAW FOR PUERTO RICO

PROMESA APPROVED: UNDERSTANDING ITS LABOR PROVISIONS
On Wednesday, June 29, 2016, the U.S. Senate approved H.R. 5278, legislation to establish  seven-member fiscal oversight board to manage the restructuring of Puerto Rico’s $70 billion government debt and oversee the island’s finances. The “Puerto Rico Oversight, Management and Economic Stability Act” (known by its acronym “PROMESA”), was .

O’NEILL & BORGES LABOR NEWS ALERT PUERTO RICO GOVERNOR SIGNS LABOR REFORM LAW

On January 26, 2017, Puerto Rico Governor Ricardo Rosselló Nevares signed the
Transformation and Labor Flexibility Act (“TLFA”). The new law will be effective
immediately.
TLFA represents a major overhaul of Puerto Rico’s employment laws, intended to
make the Island a more attractive jurisdiction for job creation investments; provide a
more business-friendly regulatory environment; and .