On 1 October 2015, Puerto Rico's Governor Alejandro García Padilla signed into law Bill 1433, which amends Act 72-2015 approved in May 2015. That Act includes a number of changes regarding sales and use tax (SUT), including the introduction of a 4% SUT on previously exempt business-to-business and professional services effective 1 October 2015 as part of a transition to a value added tax (VAT),…