Treasury Dept. will support UPR to draft financial statements
March 10, 2023
The entities signed an interagency agreement.
chat_bubble0 Comment
visibility2268 Views
Puerto Rico Treasury reports $817M in revenue for Nov. ’22
January 25, 2023
In November 2022, Puerto Rico’s inter-annual inflation was set at 6.3%.
chat_bubble0 Comment
visibility3715 Views
Puerto Rico Treasury Dept. unveils new tool to manage, monitor tax credits
January 18, 2023
This is the first time the Treasury Department will have a centralized system.
chat_bubble0 Comment
visibility2673 Views
Espacios Abiertos sues Treasury Dept. for earned income tax credit data
November 15, 2022
The nonprofit states it is still missing "important data" to determine the full benefit of the EITC.
chat_bubble0 Comment
visibility2434 Views
Gov’t Fiscal ’20 audited financial statements show $60B deficit
October 5, 2022
The units that compose the government — departments, agencies, funds, functions, and public corporations — were included in KPMG’s audit.
chat_bubble0 Comment
visibility2565 Views
Treasury starts collecting data on damages caused by Hurricane Fiona
October 3, 2022
The agency’s Public Insurance Office is handling the process.
chat_bubble0 Comment
visibility2451 Views
Puerto Rico Treasury Dept. outlines post-hurricane tax relief measures
September 28, 2022
The agency announced deadline changes and other considerations for businesses and individuals.
chat_bubble0 Comment
visibility2323 Views
Treasury Dept. delays deadline to file, pay Sales and Use Tax returns
September 20, 2022
The new filing deadline is Sept. 27.
chat_bubble0 Comment
visibility2211 Views
Treasury Dept. announces school supplies tax-free holiday July 15-16
July 12, 2022
A second round of tax-free sales for the 2022-2023 school year will take place in January 2023.
chat_bubble0 Comment
visibility2798 Views
Treasury wraps up ’21 tax cycle with 1.2M returns filed, $1.3B in refunds
April 26, 2022
The agency has also paid $800M+ in Work Credit benefits.
chat_bubble0 Comment
visibility2646 Views
Gov’t unveils redesigned SURI platform, announces start of ’21 tax cycle
February 16, 2022
This year’s filing deadline is April 18, 2022.
chat_bubble0 Comment
visibility3087 Views
Puerto Rico Treasury’s SURI platform down for maintenance this weekend
February 10, 2022
SURI will not be available Friday, Saturday, and Sunday from 12 a.m. to 11:59 p.m.
chat_bubble0 Comment
visibility2419 Views
US Dept. of Treasury grants 1-year transition period for taxpayers under Act 154
December 30, 2021
The US Department of Treasury and the IRS released the final regulations related to the Foreign Tax Credit under Act 154, which grants an additional transition year to taxpayers who currently pay under that tax system, Puerto Rico Treasury Secretary Francisco Parés confirmed. “The provisions in the regulations, regarding Puerto Rico, are the product of […]
chat_bubble0 Comment
visibility2321 Views
Puerto Rico Treasury processes 99% of returns filed this taxable year
December 20, 2021
The Puerto Rico Treasury Department confirmed that despite the need of more staff, close to 1.2 million income tax returns for individuals and corporations for taxable year 2020 have been processed, which represents 99% of the total returns filed. Of that total, about 1 million have received their refunds. “We have quickly disbursed close to […]
chat_bubble0 Comment
visibility2314 Views
Puerto Rico Treasury seizes 136 investment accounts in brokerage houses
October 29, 2021
The Puerto Rico Treasury Department confirmed the seizure of 136 investment accounts in local and US brokerages held by delinquent taxpayers, amounting to more than $3 million. Agency Secretary Francisco Parés said the figure includes interest, surcharges, penalties, and garnishment costs. “This action coordinated by the agency’s Revenue Bureau stemmed from the failure of taxpayers […]
chat_bubble0 Comment
visibility1602 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA