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1
Puerto Rico Department Of The Treasury Issues Guidance On The Federal Employee Retention Benefit For Certain Employers Affected By Hurricanes Irma And Maria
The Puerto Rico Treasury, in conjunction with the U.S. Treasury, has already established the plan, and the U.S. Treasury has recently determined the Benefit applicable to eligible employers in Puerto Rico.
Puerto Rico
25 Jun 2018
2
Puerto Rico Heading Towards At-Will Employment
On May 30, 2018, the Puerto Rican Senate voted in favor of overturning an Act that provided significant protections to Puerto Rican employees.
Puerto Rico
13 Jun 2018
3
Employment Law Reform In Puerto Rico: Take Two
On April 26, 2018, the FOMB sent, for the first time since its creation, a proposed bill to the Puerto Rico Legislature.
Puerto Rico
27 Apr 2018
4
New Act In Puerto Rico Establishes A Special Paid Leave For Employees Suffering From Catastrophic Illnesses
The Governor of Puerto Rico recently signed into law Act No. 28 ("Act 28"), entitling all employees, including temporary employees, to take up to six days of paid leave per year if they suffer from a "catastrophic illness."
Puerto Rico
5 Feb 2018
5
New Act Prohibits Employers In Puerto Rico From Using Absences To Measure Employee Efficiency And Performance
On Saturday, January 27, 2018, the Governor of Puerto Rico signed into law Act No. 60, establishing greater protections for non-exempt private sector employees by prohibiting employers...
Puerto Rico
31 Jan 2018
6
Deadline To Report Qualified Payments For Disaster Assistance With The Puerto Rico Department Of The Treasury Is Soon Approaching
On October 4, 2017, the Puerto Rico Department of the Treasury (the "PR Treasury") issued Administrative Determination No. 17-21 (AD 17-21)...
Puerto Rico
24 Jan 2018
7
Puerto Rico Department Of The Treasury Announces 2018 Limits On Qualified Retirement Plans
On December 15, 2017, the Puerto Rico Department of the Treasury (the "PR Treasury") issued Tax Policy Circular Letter No. 17-02 ("CL 7-02") announcing the 2018 applicable contribution limits...
Puerto Rico
18 Jan 2018
8
Plan Sponsors And Service Providers Must Be Aware Of Changes Made To Rules Pertaining To Puerto Rico Qualified Retirement Plans
Recent changes to Puerto Rico's tax treatment of certain retirement plans have taken effect. Act No. 106 of August 23, 2017 ("Act 106") amended Section 1081.01 of the Puerto Rico Internal Revenue Code...
Puerto Rico
18 Jan 2018
9
Puerto Rico Department Of The Treasury Issues Q&As Clarifying Guidance On Qualified Payments Made For Hurricane María Disaster Assistance
As previously discussed, on October 4, 2017, the Puerto Rico Department of the Treasury (the "PR Treasury") issued Administrative Determination No. 17-21 ("AD 17-21") granting temporary income ...
Puerto Rico
19 Dec 2017
10
Employers Have Until January 5, 2018 To Submit Comments On Proposed Regulation Implementing Puerto Rico's Working Hours And Days Act
On December 6, 2017, the Puerto Rico Secretary of the Department of Labor and Human Resources ("Secretary") published the proposed Regulation to Administer Act No. 379 of May 15, 1948 ...
Puerto Rico
13 Dec 2017
11
Treasury Department Issues Post-Hurricane Rules For Qualified Retirement Plan And IRA Distributions And Loans
The PR Treasury, in accordance with EO 2017-067, issued AD 17-29 establishing such rules and procedures.
Puerto Rico
23 Nov 2017
12
Puerto Rico Secretary Of Labor Issues Opinion Regarding Allowed Payroll Deductions Following Hurricanes Irma And María
On November 10, 2017, Puerto Rico's Secretary of the Department of Labor and Human Resources ("Secretary") issued Opinion No. 2017-002 ("Opinion") ...
Puerto Rico
17 Nov 2017
13
Puerto Rico Governor Signs Executive Order Authorizing Rules For Retirement Plan And IRA Distributions In The Wake Of Recent Natural Disasters
On November 8, 2017, the Governor of Puerto Rico signed Executive Order No. 2017-067 ("EO 2017-067") authorizing the Secretary of the Department of the Treasury (the "PR Treasury") ...
Puerto Rico
16 Nov 2017
14
Puerto Rico's New Post-Hurricane Guidance: A How-To on Paying Exempt And Non-Exempt Workers
Conversely, an exempt employee who does not carry out any work during a given week would not be entitled to receive any of his or her weekly salary.
Puerto Rico
8 Nov 2017
15
Puerto Rico Secretary Of Labor And Human Resources Issues New Guidelines Governing Payment Of The Christmas Bonus
The Secretary of the Puerto Rico Department of Labor and Human Resources ("PR DOL") has issued a new regulation, effective October 18, 2017, to administer Puerto Rico's Christmas Bonus...
Puerto Rico
31 Oct 2017
16
Puerto Rico Secretary Of Labor Issues Opinion Regarding Employee Compensation Following Hurricanes Irma And María
In the Opinion, the Secretary explains that pursuant to the federal Fair Labor Standards Act (FLSA), non-exempt employees are entitled to compensation for hours worked only.
Puerto Rico
24 Oct 2017
17
Hurricane Maria's Aftermath, Part II: Puerto Rico Government Provides Various Exemptions And Extensions To Multiple Upcoming Deadlines
Given the scope of the damage caused by María, it is likely that additional exemptions and extensions will be approved in the coming weeks and months.
Puerto Rico
23 Oct 2017
18
Employers Helping Employees—Are Disaster Relief Payments And Loans Exempt From Puerto Rico Income Tax?
With the havoc wrought by Hurricane Maria in Puerto Rico, employers are exploring options to provide emergency relief to those employees who have encountered financial hardship to meet their necessities ...
Puerto Rico
18 Oct 2017
19
Hurricane Maria's Aftermath: Highlights Of Available Government Assistance For Puerto Rico Residents
This article highlights different sources of assistance available to Puerto Rico residents in the aftermath of the hurricane.
Puerto Rico
17 Oct 2017
20
Puerto Rico Department Of The Treasury Grants Temporary Tax Exemptions For Employer-Provided Payments And Certain Benefits To Employees Related To Hurricane Maria Relief
On October 4, 2017, the Puerto Rico Department of the Treasury issued Administrative Determination No. 17-21 granting temporary income tax exemptions for payments and certain benefits ...
Puerto Rico
12 Oct 2017
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