On March 21, 2018, the Governor of Puerto Rico announced his “Initiative to Reform the Labor Force,” with the express goal of increasing the employment rate.
The Puerto Rico Supreme Court recently issued an Opinion in the case of Roldán Flores v. M. Cuebas, in which it addressed again the requirements for applying the “successor liability doctrine.”
The Governor of Puerto Rico recently signed into law Act No. 28 (“Act 28”), entitling all employees, including temporary employees, with up to six days of paid leave per year if they suffer from a “catastrophic illness.”
A new law in Puerto Rico provides greater protections for non-exempt private sector employees by prohibiting employers from using sick leave to measure employees’ efficiency in their annual performance evaluations.
On January 18, 2018, the PR Treasury issued Internal Revenue Informative Bulletin No. 18-03 notifying employers that the sworn statement to report Qualified Payments related to Hurricane Maria must be submitted no later than January 31, 2018.
On December 15, 2017, the Puerto Rico Department of the Treasury issued Tax Policy Circular Letter No. 17-02 announcing the 2018 applicable contribution limits for qualified retirement plans.
