Statements (23)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:legislation
|
| gptkbp:administeredBy |
gptkb:Puerto_Rico_Department_of_Economic_Development_and_Commerce
|
| gptkbp:alsoKnownAs |
Puerto Rico Act 22
|
| gptkbp:amendedBy |
Act 60 of 2019
|
| gptkbp:appliesTo |
new residents of Puerto Rico
|
| gptkbp:benefit |
high-net-worth individuals relocating to Puerto Rico
|
| gptkbp:criticizedFor |
potential to increase local inequality
limited direct benefit to local population |
| gptkbp:dateEnacted |
2012
|
| gptkbp:enactedBy |
Puerto Rico Legislative Assembly
|
| gptkbp:fullTitle |
Act to Promote the Relocation of Individual Investors to Puerto Rico
|
| https://www.w3.org/2000/01/rdf-schema#label |
Act 22
|
| gptkbp:provides |
tax exemptions on certain capital gains
tax exemptions on dividends tax exemptions on interest tax exemptions on passive income |
| gptkbp:purpose |
to attract wealthy individuals to Puerto Rico by offering tax incentives
|
| gptkbp:relatedTo |
gptkb:Act_20
Puerto Rico tax incentives |
| gptkbp:requires |
individual must become a bona fide resident of Puerto Rico
individual must not have been a resident of Puerto Rico for the previous 6 years |
| gptkbp:bfsParent |
gptkb:Puerto_Rico_Investment_Summit
|
| gptkbp:bfsLayer |
7
|