On 14 June 2020, Puerto Rico’s Governor signed into law a second round of measures to boost the economy and help support small and medium-sized businesses amid the COVID-19 pandemic.

The new legislation, Act 57-2020, titled the Complementary Law to Address the Effects to the Puerto Rican Economy Caused by the COVID-19 Emergency, includes several important changes, mainly for tax years 2019 and 2020…