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PARTIAL EXEMPTION OF SUT ON PREPARED MEALS

PARTIAL EXEMPTION OF SUT ON PREPARED MEALS

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  Partial Exemption of SUT on Prepared Meals   One of the changes brought by Law 257 of December 10, 2018, known as the Tax Reform, is the exemption from the collection and payment of the IVU Surtax on Prepared Meals.  This represents a reduction of 4.5% on...
Exemption of SUT for School Uniforms and Supplies

Exemption of SUT for School Uniforms and Supplies

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  According to what is established by the Puerto Rico Internal Revenue Code that exempts school uniforms and supplies from paying Sales and Use Tax (SUT) during a two day period during the months of July and January, each year the Secretary of the Treasury...