by Torres CPA Group
Property owners that rent a space for ninety (90) consecutive days or less must charge a tax equal to 7% of the room rate as stated under the Canon for Room Occupation; and send the payment by filing the Monthly Tax Declaration to the Puerto Rico Tourism...
by Torres CPA Group
Workmen’s Compensation Insurance provides compensation for accidents incidental to or as a consequence of employment. This is a compulsory insurance that is obtained from the Puerto Rico State Insurance Fund...
by Torres CPA Group
Disability Insurance tax is imposed on the first $9,000 of wages and salaries paid during the calendar year. This provides compensation to workers for loss of salaries resulting from disability caused by sickness or accident not related with their employment. Both...
by Torres CPA Group
Disability Insurance tax is imposed on the first $9,000 of wages and salaries paid during the calendar year. This provides compensation to workers for loss of salaries resulting from disability caused by sickness or accident not related with their employment. Both...
by Torres CPA Group
Each employer must pay the Puerto Rico Unemployment tax on the first $7,000 of annual wages paid and may be credited against the Federal Unemployment tax. The tax is to be paid quarterly on the last day of the calendar month following each calendar quarter payable to...
