IT is my understanding that Puerto Rico in an attempt to attract wealthier people has modified their capital gains tax code, I believe section 120 or so, wherein a person who moves to Puerto Rico and then claims Puerto Rico residency, would have a Capital Gains of 10% down to 0%.
Does anyone have the specifics on this? Any detail's would be appreciated.
Capital Gains Benefits if moving to Puerto Rico - who has more detail
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19610
Hello Phantom1949 
Welcome on board 
Regards
Kenjee
1845
Phantom1949 wrote:Does anyone have the specifics on this? Any detail's would be appreciated.
I'd suggest you try to find a professional like a CPA or a tax lawyer and get a solid advice based on your personal circumstances.
509
Where's Nomadlawyer? He's our resident genius (I don't mean that sarcastically). He should know something about this stuff.
246
"google captial gains tax puerto rico"
You will find the information you are seeking.
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