ACT 60

The Commonwealth of Puerto Rico enacted the Puerto Rico Incentives Code (Act 60) in July 2019 to promote economic growth through investment, innovation, and job creation.

PRINCIPAL TAX BENEFITS TO CERTUS INVESTORS UNDER ACT 60

  • 0%

    0% Income Tax on Capital Gains

  • 10%

    10% Income Tax on Interests & Dividends

  • 30%

    30% Deduction to be used against the investor’s TOTAL Taxable Income

Act 60 is very extensive (253 pages) since it combined all previous incentives laws into one. The sections pertaining to Private Funds are Sections 2042.03, 2043.01 and 2044.03.

Please see the Act 60 (English - Español)

Disclosure: CERTUS does not provide tax advice. This information is a short overview of Act 60 and prospective investors should consult their investment and tax advisor.