Puerto Rico: Additional tax filing deadlines due to COVID-19 outbreak

01 April, 2020

On 24 March 2020, Puerto Rico Treasury Department (PRTD) Administrative Determination No. 20-09 (AD 20-09) and Administrative Determination No. 20-10 (AD 20-10) extending the filing dates for tax returns and for tax payments due to the COVID-19 outbreak.

The PRTD extends following deadlines and tax measures as stated by the Administrative Determination pursuant to Executive Order 2020-023:

Income Tax return

For income tax return original or extended due 15 March 2020, the PRTD has extended the due date to 15 June 2020
For income tax return original or extended due 15 April, 15 May, and 15 June 2020, the PRTD has extended the due date to 15 July 2020
The PRTD will not impose interest, surcharges or penalties if the tax payments are made with the returns.

Informative returns filing

The period for filing of informative returns corresponding to the 2019 tax year is extended; these informative returns must be completed and filed no later than 15 May 2020 (previously extended 15 April 2020).

Other tax returns, forms, and payments

For other tax original due dates during the months of March and April 2020, the PRTD has extended the due date to 15 June 2020;
For other tax original due dates during the months of May and June 2020, the PRTD has extended the due date to 15 July 2020;
The PRTD will not impose interest, surcharges or penalties if the tax payments are made with the returns.

Sales and use tax

For sales and use tax due date February 2020, the PRTD has extended the due date to 20 April 2020;
For sales and use tax due date March 2020, the PRTD has extended the due date to 20 May 2020;
For sales and use tax due date April 2020, the PRTD has extended the due date to 22 June 2020; and
For sales and use tax due date May 2020, the PRTD has extended the due date to 20 July 2020.

Moreover, The PRTD extended monthly import tax return, and the corresponding payments for the months of March, April and May. The due date for the monthly import tax return and payment for March 2020 is extended from 10 April 2020 to 11 May 2020, and the due date for the return and payment for April 2020 is extended from 10 May 2020 to 10 June 2020. The due date for the return and payment for May 2020 is extended from 10 June 2020 to 10 July 2020. The PRTD will not impose penalties for non-compliance with the biweekly sales and use tax payments for the months of March, April, May, and June 2020, provided the full amount of the SUT due for those months is paid with the monthly SUT returns.

Other tax measures

The PRTD will not impose penalty for missing or insufficient of the first and second income tax installment payment applicable for taxable year 2020. However, any tax due for such installments must be deposited along with the third and fourth installment;
Withholding agents are relieved 10% withholding of payments for professional services for 3 months from 23 March until 30 June 2020;
The PRTD also clarifies the application of refunds and overpayments against other taxes.

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