Secretary of State, Larry N. Seilhamer announced Administrative Order 2021-01, which grants an amnesty eliminating fines or penalties imposed on active entities for not filing annual reports or paying their annual fees prior to 2020 on time. The amnesty period begins today and ends Feb.17, 2021 and applies only to active entities. The fine waiver […]
The Puerto Rico Municipal Revenues Collection Center, or CRIM, announced Sunday it collected $156 million during the 100-day amnesty period that gave tax payers a chance to pay off their property-related debt free of interest, surcharges and penalties.
The Municipal Revenue Collections Center, known as CRIM by its initials in Spanish, announced Tuesday the start of a 100-day amnesty relieving taxpayers who are in arrears with the agency from paying interest, surcharges and penalties on their debt.
Puerto Rico Treasury Secretary Melba Acosta said Monday the tax amnesty that concluded June 30 shored up $255 million for the government, beating expectations by 27 percent. The agency initially projected it would collect $200 million through the campaign.
Puerto Rico Treasury Secretary Melba Acosta urged taxpayers and businesses to catch up on their tax debts during the amnesty period ending June 30, while announcing that starting July 1, the agency, in tandem with the Justice Department will be “much more active” in submitting tax evasion cases in court, especially those related to withheld taxes, either from employees or citizens who paid the sales and use tax.
Puerto Rico individual and corporate taxpayers who have a sales and use tax (known as IVU for its initials in Spanish) debt with the Treasury Department will be able to pay without penalty through a tax amnesty good through June 30. The agency expects to collect $8 million through the initiative, Treasury officials said Monday.
In accordance with the recently approved Law to Strengthen Safety and Public Health, the Treasury Department mailed Thursday 5,000 debt notices and will continue the practice through the rest of the month, agency chief Jesús Méndez said.
roperty owners who are in arrears on their tax payments to the Municipal Collections Center have until Oct. 11 to take advantage of a temporary amnesty that grants the full elimination of interest, penalties and charges over the debt.
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