Author: Galíndez LLC

31 Mar

Posted at 12:00h in News

On March 18, 2020, the Puerto Rico Treasury Department (“Treasury”) issued the Administrative Determination 20-08 (“Determination”) to temporarily exempt certain items acquired by natural persons from sales and use tax due to the COVID-19 emergency. This exemption will be valid from March 20, 2020, until...

30 Mar

Posted at 10:00h in News

Due to the COVID-19 emergency, on March 18, 2020, the Puerto Rico Treasury Department (“Treasury”) issued the Administrative Determination 20-07 (“Determination”) to temporarily exempt certain items acquired by natural persons from sales and use tax. This exemption will be valid from March 23, 2020, until...

16 Mar

Posted at 20:27h in News

Considering the economic distress that COVID-19 impact might have in taxpayers, the Puerto Rico Treasury Department (Treasury) is allowing a moratorium on the actual payment plans executed with the agency, as established on Internal Revenue Circular Letter No. 20-20. Therefore, a taxpayer under a payment...

16 Mar

Posted at 18:45h in News

As of February 24, 2020, the Third Phase of SURI transition took place. As a matter of fact, SURI allows us to make some electronic transactions, such as payment of tax due, request automatic payment plans, request of certificate of debt and filing, request waiver...

16 Mar

Posted at 18:43h in News

As a result of Executive Order No. OE-2020-020 issued on March 12 by the Governor of Puerto Rico, in which Puerto Rico was declared in a state of emergency due to COVID- 19 impact, the Puerto Rico Treasury Department (Treasury) issued Administrative Determination No. 20-03...

14 Mar

Posted at 17:27h in News

As experienced after Hurricane María, the PRTD issued Internal Revenue Circular Letter No. 20-08 (“CC 20-08”), providing for a temporary exclusion of gross income to certain disaster relief payments made by an employer to an employee as a result of the January Earthquakes. As defined by...