Increase to Use Tax Bonds due to the enactment of Act 72-2015
Act 72-2015 amended the Puerto Rico Internal Revenue Code of 2011 to raise the 6% state portion of the sales and use tax to 10.5% effective July 1, 2015, among other amendments.
Related Materials:
The content of this McV Alert has been prepared for information purposes only. It is not intended as, and does not constitute, either legal advice or solicitation of any prospective client. An attorney-client relationship with McConnell Valdés LLC cannot be formed by reading or responding to this McV Alert. Such a relationship may be formed only by express agreement with McConnell Valdés LLC.
