Puerto Rico has become a rising destination for investors seeking significant tax advantages, largely due to the implementation of Act 60, also known as the puerto rico tax incentives act60 Incentives Code. This legislation was designed to attract both individuals and businesses to the island by offering favorable tax conditions, ultimately stimulating economic growth and investment. One of the main attractions for individual investors relocating to Puerto Rico is the opportunity to enjoy significant exemptions from certain federal and local taxes. Residents who qualify under Act 60 may benefit from exemptions on dividends. For more info click here #taxincentivespuertorico
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