Treasury announces non-applicability of SUT to certain donations continues
October 2, 2018
Treasury Secretary Teresita Fuentes confirmed that the agency’s Administrative Determination No. 17-19 regarding the non-applicability of the Sales and Use Tax (SUT) to certain donations continues in force.
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Commonwealth-COFINA bondholders disclose agreement to end dispute
June 8, 2018
Sales Tax Financing Corp. bondholders submitted an Agreement in Principle in the U.S. District Court in Puerto Rico, potentially ending its dispute with the island’s government.
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Gov. gives small businesses 5-week sales tax hiatus
November 9, 2017
Puerto Rico Gov. Ricardo Rosselló signed several executive orders to boost the economy, including one that exempts small and medium enterprises from collecting Sales and Use Tax on the sale and purchase of inventory.
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