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Member Articles


Update on 2020 Income Tax Filings and COVID-19 Relief Programs

With a little less than three weeks left until the personal tax filing deadline, this is a good time to update our clients and colleagues on the status of tax filing and payment deadlines for the 2020 tax year. Unlike l ...

Administrative Ruling That Readjusts Tax Unit to BS. 20,000.00

Administrative Ruling No. SNAT/2021/000023, issued by the Superintendent of the National Integrated Service of Customs and Tax Administration (Servicio Nacional Integrado de Administración Aduanera y Tributaria - “SEN ...

Tax-Free Allowance for Fixed Travel Expenses Extended

The coronavirus measure that employers can give their employees a tax-free allowance for fixed travel expenses will be extended until July 1, 2021. This regulation was initially valid until April 1 of this year. Many em ...

U.S. Manufacturers May Be Missing Out on Significant Tax Deductions for Foreign Operations

U.S. manufacturing C-corporations that generate revenue through sales and services provided to foreign markets may be missing opportunities for tax benefits offered by the Foreign-Derived Intangible Income (FDII) deducti ...

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