CCPA Adopts Resolutions on Trump Accounts and Tax Reform

The College of Certified Public Accountants of Puerto Rico (CCPA) approved a resolution during its Annual Assembly requesting the Legislative Assembly and Governor Jenniffer González to adopt local legislation permitting the incorporation of Trump Accounts in Puerto Rico. The Trump Accounts represent a specific tax and financial strategy framework that the CCPA believes could benefit Puerto Rico's economy and accounting professionals. This resolution also addresses broader tax reform initiatives being considered for the island. The CCPA's endorsement reflects the accounting profession's position on fiscal policy matters affecting Puerto Rico's business environment and tax structure.