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: 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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