Analysis on the competitiveness of Puerto Rico due to the impacts of the Global Intangible Low-Taxed Income (GILTI)

At the request of DDEC, delivered an analysis on the competitiveness of Puerto Rico due to the impacts of the Global Intangible Low-Taxed Income (GILTI), which was a component of U.S. Tax Reform. This request was also prompted by the U.S. Treasury indicating it will end its policy of not challenging the credit-ability (against U.S. Income Taxes) of the Act 154 Excise Tax.