by Torres CPA Group
On its Administrative Determination No. 19-07, the Treasury Department (TD) informs on penalties to be imposed to merchants for not complying with the requisite of installing, use and handling of the fiscal terminals required by law. It also establishes the...
by Torres CPA Group
By means of Administrative Determination No. 19-05 (AD 19-05), the Treasury Department (TD) informs on the postponement of the date on which merchants must present evidence of the Requisite for the SUT Exemption for Commercial Rental. Law 257 of December...
by Torres CPA Group
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...
by Torres CPA Group
By means of Municipal Ordinance No. 23-2018-2019 Series, the city of San Juan establishes a special amnesty period for the payment of Municipal SUT (M-SUT) to any natural or legal person that has outstanding M-SUT debts. The special period will run from May 1...
by Torres CPA Group
In this issue: As part of the implementation of Law No. 257 of December 10, 2018, known as Tax Reform, the Treasury Department (TD) issued Internal Revenue Circular Letter No. 19-05 (CC RI 19-05) to inform on the criteria and steps to follow with regards to...
