Puerto Rico International Financial Entity

The Puerto Rico International Financial Entity

Puerto Rico International Financial Entities (“IFE”) are licensed and regulated by the Office of the Commission of Financial Institutions (the “OCIF”) pursuant to Act no. 273. (the “Act”). The Act offers certain tax incentives to IFEs including a four (4%) percent fixed income tax rate on net income derived by an IFE. Dividend or profit […]

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Adam Tracy Discusses the Utility of Fungible and Non-Fungible Tokens

Transcribed from: https://youtu.be/EfPpORrdy9k There’s a lot of talk about non-fungible versus fungible tokens and how … What I see is non-fungible tokens being used to disguise security tokens or misconstrue people on what the nature of their token is. Fungible tokens is a token that could be exchanged for each other, so think of a […]

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alternative coin

Adam Tracy Postulates the Alternative Coin Offering

Transcribed from: https://youtu.be/IwGxkFcPX84 So there was this time in the mid-aughts, in the mid-2000s, and it’s been sort of memorialized in a couple of documentaries whereby you saw a great amount of Chinese companies becoming publicly traded through what’s called a reverse merger. And to the extent that you’re not aware of what a reverse […]

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