Puerto Rican nonprofit Espacios Abiertos (Open Spaces) has announced the release of a report that evaluates the impact of the 15% Pillar 2 Global Minimum Tax (GMT) in Puerto Rico and quantifies the potential revenue the island would forgo if appropriate legislation is not enacted in a timely manner. The report finds that the implementation of the QDMTT, in particular, has the potential to generate up to USD 3.8 billion annually, which is equivalent to approximately 1/3rd of the general budget. Click the following link for an English-language version of the report. The English-language executive summary of the report is...