Newsletter:

Tax Events - August 2017

04 August 2017

August 10 

Deposit of 7% or 3% tax withheld from payments made during July for services rendered (Payment Voucher 480.9A). 

Use Tax on Imports Monthly Returns (Form SC 2915 D) for the month of July. (Electronic Filing through SURI online site)

August 15 

First bi-monthly remittance of sales tax pursuant to Act 46 of July 19, 2017. Applicable to ìlarge taxpayersî.

Deposit of 4% monthly excise tax on foreign entities (Form 480.36). 

Payment of first installment of estimated 2017 PR Personal Property Tax.  

2016 PR Personal Property Tax Return and Payment (Form AS 29-I) with 3-month extension. 

Payment of special temporary tax to Autonomous Municipality of Caguas pursuant to Municipal Ordinance 37.

US Exempt Organization Informative Return (Form 990) for calendar year organizations with five-month extension. 

FICA and Income Tax Withholding Deposit, monthly depositors, for the month of July. 

Deposit tax withheld at source on payments to foreign persons in excess of $200 during the month of July (Form 480.31). 

Deposit of Estimated Income Tax by Corporations and Pass-through entities, Partnerships, Special Partnerships and Corporations of Individuals (voucher 480. E-1):

Fiscal year

Installment

August 31, 2017

4th Installment

November 30, 2017      

3rd Installment

February 28,  2018

2nd Installment

April 30, 2018

1st Installment

Deposit tax withheld at source on dividends, partnership profit distributions, interests and 10% penalty on IRA during the month of July (Form 480.9).

August 21

Sales and Use Tax Monthly Return (Form SC 2915) for the month of July.

August 31

Second First bi-monthly remittance of sales tax pursuant to Act 46 of July 19, 2017. Applicable to ìlarge taxpayersî.

Affirmative Declaration of Transactional Accounts for applicable requests or extensions of credits approved by the ìfinancial businessî during the month of July.

Supplemental schedules required pursuant to Act 163 of 2014 for applicable taxpayers with timely-filed-extended income tax returns that were due by July 15, 2017.