In the aftermath of Hurricane Maria, most of Puerto Rico lacks power and access to telecommunications, and the government’s central website is not fully operational and has accessibility issues. As such, communications with agencies and municipalities is nearly impossible. The Puerto Rico Department of Treasury has established a temporary remote location from which it is managing the most urgent issues.
Recognizing the significance of the damage caused by the hurricanes and in general the difficulty faced by taxpayers, the Puerto Rico Department of Treasury has issued a series of internal revenue bulletins (BI RIs) and circular letters (CI RIs) with information about pressing issues and pending tax return or tax payment deadlines.
Filings, payments and other transactions due between the dates of September 19 and October 20, that were extended pursuant to BI RI 17-21 (described immediately below), will not be subject penalties, fines, interest, or surcharges. If the Puerto Rico Treasury system were to impose any of these sanctions, the Treasury would correct the record once normal operations reconvene. If the Treasury were not to correct these motu propio within a “reasonable period,” taxpayers are directed to notify the Taxpayers Service Center.
This bulletin set out extended or new deadlines for tax return filings and tax payments that otherwise were due within a period of time but during which taxpayers were affected by Hurricane Maria or Hurricane Irma. These include:
When such an extended due date falls on a Saturday, Sunday or holiday, the due date is extended to the next business day. Notwithstanding the approved extension, taxpayers will be able to submit the following sales and use tax return filings within the due date prescribed by law through SURI—SC 2970, SC 2915 D and SC 2915.
The Puerto Rico Department of Treasury issued this bulletin to inform that the temporary “manual release” established through BI RI 17-19 (as described immediately below, previously limited to certain “authorized merchandise”) will now be applicable to all merchandise.
This bulletin announced information about a temporary procedure to release certain “authorized merchandise” imported into Puerto Rico. The term “authorized merchandise” includes: food, medicines, raw material, animals, perishable goods, power plants, goods imported by bonded taxpayers. The temporary procedure (“manual release”) provides the following:
If possible, importer is to send information to the following email address: firstname.lastname@example.org
This guidance was issued before and in anticipation of Hurricane Maria; the Puerto Rico Treasury issued this bulletin with the purpose of further extending due dates previously extended as a result of the passage of Hurricane Irma. Accordingly:
Due dates established in CC RI 17-13 and BI RI 17-17 remain in effect.
Read an October 2017 report that provides information about more guidance and tax relief from the Puerto Rico Treasury Department
For more information, contact a tax professional with KPMG in Puerto Rico:
Rolando Lopez | +1 (787) 622-5340 | email@example.com
Carlos Molina | +1 (787) 622-5311 | firstname.lastname@example.org
<p>© 2018 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.</p> <p>KPMG International Cooperative (“KPMG International”) is a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.</p>
The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.