A law enacted in 2013 in Puerto Rico—Act 136 (November 26, 2013)—was intended to facilitate the payment of personal property taxes by providing a system for making estimated tax payments.
The subject taxes are to be paid via the “municipal revenue collection center” (CRIM by its Spanish acronym) along with a filed Form BC-85-ES, Personal Property Estimated Tax Payment Voucher.
CRIM released Circular Letter 2015-01 (January 21, 2105) to provide the requirement for electronic payments of estimates of personal property taxes for eligible taxpayers.
These rules are effective immediately.
Taxpayers who were required to e-file their tax year 2013 return and were required to make payments of estimated taxes must pay estimates of personal property taxes via electronic means, using one of three methods:
New taxpayers or taxpayers not subject to electronic payment of estimated taxes may nevertheless elect to remit payments of estimated personal property taxes by electronic means or may make such payments at one of nine CRIM regional offices, at the CRIM central offices or by mail.
Payments are to be remitted along with the filing of Form BC-85-ES. The form is available on the CRIM website (Spanish).
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