Guest wendycatherine Posted August 3, 2001 Posted August 3, 2001 Does anyone know which plans should file in Puerto Rico and/or Guam? (Ones where x number of participants live there, ones where the sponsor has to pay taxes there, etc.?) Also, what does getting a favorable determination letter there mean? (If it is "unqualified" in PR, what happens? All PR residents have taxable income?) It seems as though it would not matter as the money is all in a valid trust.
Larry M Posted August 16, 2001 Posted August 16, 2001 With respect to Guam, prior to the change in the 5500, we submitted all requests for determination and all 5500s to Revenue & Tax in Guam for Guam based sponsors. Now, we, probably, will continue to submit to Rev & Tax for determination, but are sending 5500s to U.S. DOL.
david rigby Posted August 16, 2001 Posted August 16, 2001 There have been a few earier discussions on similar topics. Here is one of them: http://benefitslink.com/boards/index.php?act=ST&t=11025 You might also try a search. I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice.
Guest Tamara W Posted December 21, 2001 Posted December 21, 2001 I can't help you Wendy, but I do have another Puerto Rico Question! Does anyone know where I can obtain Appeal regulations for PR?
k man Posted July 9, 2004 Posted July 9, 2004 how does treatment of a guam company differ from a PR company if both are members of a us controlled group?
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