ACT 60
Private Equity Funds Act (Formerly Act 185) allows qualified Puerto Rican investors the opportunity for 0% capital gains tax, along with the potential for tax deductions. While 10 out of the 11 Sectors can be utilized by current Puerto Rico residents, we feel the PE Funds Act is the most powerful opportunity for investors.
- Formerly Act 135 (Young Entrepreneurs)
- Formerly Act 20
- Formerly Act 273 (International Financial, Banking, and Insurance Activities)
- Act 185 (Private Equity)
- Formerly Act 74 (Tourism)
- Formerly Act 73 (R&D, Economic Incentives for the Development of Puerto Rico)
- Pharmaceuticals
- Medical equipment & supplies
- Food
- Other Chemical Products
- Computer and electronic products
- Clothing
- Electrical equipment, appliances and components
- Aerospace
- Formerly Act 83 (Other construction and housing legislation)
- Formerly Act 83 (Green Energy) and Act 57 (Efficient Energy)
- Formerly Act 225 (tax exemptions for farmers)
- Formerly Act 27 (Film)
- Formerly Act 126
- Air Carrier and Ocean Transport Services
- Formerly act 22 (Individual capital gains exemption)