Puerto Rico Act 60 Tax Exemptions: IRS Examination and Audit – Key Issues for Individuals and Business Taxpayers

Join Mark Leeds and Rogelio Carrasquillo for “Puerto Rico Act 60 Tax Exemptions: IRS Examination and Audit – Key Issues for Individuals and Business Taxpayers,” a CLE/CPE course which will provide tax counsel and advisers with a detailed analysis of the IRS audit campaign targeting Puerto Rico Act 20 and 22 (now Act 60) grantees.

The course will review these and other key issues, including:

• IRS audit campaign focus areas and enforcement trends
• managing IRS audits involving Puerto Rico grantees
• application of IRC Section 933 (Puerto Rico-source income exemption) and Section 937 (bona fide residency rules)
• timing, notice and qualification requirements to claim benefits under Act 60
• common audit pitfalls and likely areas of disagreement
• best practices for maintaining compliance and reducing audit risk

For more information and to register, please visit the Strafford event page.