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Stock impact report

Inside The Puerto Rico Land Grab: Millionaires Race To Beat Tax Deadline, Locals Sound Alarm [Yahoo! Finance]

News Corporation - Class A (NWSA) 
Last news corporation - class a earnings: 2/6 04:45 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.newscorp.com/investor-relations
Company Research Source: Yahoo! Finance
Puerto Rico has become one of the most coveted destinations for high-net-worth individuals seeking aggressive tax breaks — and the effects are reshaping the island's real estate market and affordability landscape, according to the New York Post. The legislation, signed into law in 2019 and extended through 2055, offers qualified residents a 4% corporate tax rate and exempts them from U.S. federal capital gains tax, provided they spend at least 183 days a year on the island. "Ninety-nine percent of my clients are coming here for the tax advantages," San Juan-based Luxury Realtor Christian Kleiner told the Post. Don't Miss: Be part of the breakthrough that could replace plastic as we know it— invest in Timeplast before the July 31st deadline and help revolutionize a $1.3T industry. $100k+ in investable assets? Match with a fiduciary advisor for free to learn how you can maximize your retirement and save on taxes – no cost, no obligation. According to Kleiner, more than 3,50 Show less Read more
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